Exceptional investment opportunity in a highly desirable downtown location, just minutes from Queen's University, major hospitals, and within easy walking distance of downtown amenities, restaurants, shops, and services. This well-positioned fourplex offers a proven rental history and has never experienced a vacancy, making it an excellent choice for investors seeking strong and consistent rental demand. The property is configured with two 1-bedroom units, one additional 1-bedroom unit, and one bachelor unit, and is currently fully rented. With its central location and strong demand from students, hospital staff, professionals, and downtown residents, this property offers excellent tenant appeal and reliable income potential. There are no issues with renting the units, providing an investor with a turnkey opportunity in a highly sought-after area. Nice sized parking lot as well which is appealing to renters. (id:4069)
Address
193 YORK STREET
List Price
$695,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (east Of Sir John A Blvd)
Bedrooms
5
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
64 x 71 FT Sq. Ft.
Lot Depth
71 ft
Frontage Length
64 ft
MLS® Number
X13711138
Listing Brokerage
RE/MAX RISE EXECUTIVES, BROKERAGE
Basement Area
Partial (Unfinished)
Postal Code
K7K1R5
Parking Places (Total)
5
Site Influences
Hospital, Public Transit, Schools
Appliances
Water Heater, All
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Stone
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
