$599,900
For sale: Detached

Prime Downtown Kingston Student Rental, Turnkey Investment Opportunity! Ideally located just minutes from Queen's University, Princess Street, downtown Kingston, restaurants, cafés, parks and everyday amenities, this spacious multi-bedroom home is an excellent opportunity for investors seeking a well established student rental. The property is currently occupied by great, responsible students who take pride in the home and keep it clean and well maintained, with current leases in place through May 1, 2027. This provides the new owner with immediate rental income and stability well into the next academic year. The home offers a functional layout with multiple bedrooms including one on the main level, two upstairs and two in the basement. The principal living spaces are welcoming and the lower level offers the additional living space as well as a 3 piece bathroom. Hardwood floors and charming character details add to the home's appeal, while numerous updates throughout the years provide additional peace of mind. With its exceptional location close to Queen's University and the heart of downtown Kingston, this is a turnkey student rental with excellent tenants, established leases and a highly desirable location making it an ideal addition to a Kingston investment portfolio!
Sold data
Detached homes in Kingston (East of Sir John A. Blvd) 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 48, across 278 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $644,900.
Homes sold for about 2.5% 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.
Based on 278 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (East of Sir John A. Blvd) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$599,000
Detached58 PRINCETON PLACE, 54 - Amherstview, Loyalist

$679,900
Detached943 MAYFAIR CRESCENT, 37 - South of Taylor-Kidd Blvd, Kingston

$679,900
Detached3199 PRINCESS STREET, 39 - North of Taylor-Kidd Blvd, Kingston

$639,000
Detached1666-1668 VICTORIA STREET, 37 - South of Taylor-Kidd Blvd, Kingston

$574,900
Detached912 SAFARI DRIVE, 39 - North of Taylor-Kidd Blvd, Kingston

$579,900
Detached777 KIMBERLEY STREET, 39 - North of Taylor-Kidd Blvd, Kingston

$754,900
Detached1097 CROSSFIELD AVENUE, 42 - City Northwest, Kingston

$685,000
Detached153 MACDONNELL STREET, 14 - Central City East, Kingston