251 YONGE STREET, Kingston (Central City West)

$684,900

For sale: Detached

Detached at 251 YONGE STREET, Kingston (Central City West)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13512090
Neighbourhood
18 - Central City West

Welcome to 251 Yonge Street-an exceptional turn-key investment opportunity in one of Kingston's most desirable student rental locations. Backing directly onto Queen's University West Campus, this well-maintained six-bedroom home offers the location, layout, and income potential that investors are looking for. Better yet, the property is currently leased through August 31, 2027, providing immediate, reliable rental income from day one.The home features a practical floor plan designed for shared living, with five generously sized bedrooms and a three-piece bathroom on the second floor, plus a sixth bedroom and an additional three-piece bathroom on the main level. Spacious common areas include a bright living room, dining area, and functional kitchen, creating comfortable spaces for students to gather and relax.The property has been well cared for and is equipped with a high-efficiency natural gas furnace and central air conditioning, ensuring year-round comfort. An unfinished basement provides excellent storage and offers potential for future value-added improvements.Situated on an impressive lot backing directly onto Queen's University West Campus, students enjoy the rare convenience of walking through the backyard for quick access to classes-a feature that consistently enhances the property's rental appeal. With parking for multiple vehicles and close proximity to transit, shopping, restaurants, and everyday amenities, this is an outstanding opportunity to acquire a fully leased investment property in one of Kingston's most sought-after student rental locations.

Sold data

Detached homes in Kingston (Central City West) — recent sold market

Detached homes in Kingston (Central City West) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 286 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $645,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$645,000
Sale-to-list ratio
97.6%
Sold above asking
11%

Based on 286 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kingston (Central City West)

Kingston (Central City West) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (Central City West)

  • R Gordon Sinclair — elementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulin — elementary, KingstonFraser rating 7.8/10
  • Rideau — elementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivan — elementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybon — elementary, KingstonFraser rating 7.7/10
  • Winston Churchill — elementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 251 YONGE STREET