$1,199,000
For sale: Detached

Prime Student Rental - Exceptional Income Property Steps from the University This well-maintained 2-storey, 7-bedroom student rental offers an outstanding investment opportunity within walking distance of the university. Designed for tenant comfort, the home boasts a highly functional layout that is ideal for shared living. This property includes 2 bathrooms and in-floor heating on the main level, providing efficient and comfortable warmth. There is a newly renovated main-floor powder room to add convenience. Hardwood flooring throughout adds both durability and timeless appeal. The home has been consistently well cared for, with a cleaning professional every month, ensuring a turnkey investment for the next owner. More recent exterior improvements include a new fence, back deck, side deck, Front Porch, and balcony, offering multiple outdoor spaces for tenant enjoyment and added value. Generous natural light and well-proportioned bedrooms further enhance the property's rental appeal. Located in a high-demand area with a short walk to the university. This property benefits from strong, consistent student rental demand, making it an excellent addition to any income-focused portfolio.
Sold data
Homes in Central City East took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 52, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $685,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 44 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (Central City East) 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.
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