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    For Sale - 337 MELANIE Avenue, Kingston, Ontario

    Est payment $2,876/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Unique investment chance in the heart of Kingston's City Central.
    • Two self-contained residential units provide great income potential.
    • Upper unit is renovated, bright, with a modern layout and immediate vacancy.
    • Lower unit has a tenant vacating soon, allowing for new market rents.
    • Conveniently located near downtown, shopping, transit, and amenities.




    Unique investment opportunity in kingston's city central! Welcome to 337 melanie avenue, ideally located close to downtown kingston, shopping, restaurants, transit, schools, parks, and everyday amenities. This well-situated property offers strong income potential and flexibility for investors looking to capitalize on kingston's consistently strong rental market. The property features two self-contained residential units. The upper unit has been completely renovated and offers a bright, modern 2-bedroom, 1-bathroom layout. It is currently vacant and was previously rented for $2,350 per month inclusive, providing an immediate opportunity for the new owner to secure a tenant at current market rates. The lower unit features a 1-bedroom, 1-bathroom layout and is currently rented for $1,650 permonth, with the tenant scheduled to vacate at the end of april. With both units becoming available, buyers have a rare opportunity to set new market rents and significantly increase overall income and return on investment. Located in kingston's desirable central area, the property benefits from easy access to downtown, retail shopping, public transit routes, and major amenities, making it highly attractive to tenants. This central location continues to see strong rental demand due to its convenience and proximity to employment, services, and entertainment. Whether you are an investor looking to add a solid income property to your portfolio or seeking a property with the potential for strong rental return, 337 melanie avenue represents a unique opportunity. With a fully renovated unit, upcoming vacancies, and the ability to reset rents, the property offers excellent potential to maximize roi in a prime kingston location.
    Listing IDX12938168
    Address337 MELANIE Avenue
    CityKingston, Ontario
    Price$599,000
    Bed / Bath3 / 2 Full
    StyleBungalow-Raised, Semi-Detached
    ConstructionBrick, Aluminum Siding
    Land Size0.068
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features Primary Bedroom - Main FloorOwnership FreeholdBasement Apartment, Full, Separate EntranceFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  EXP REALTY, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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