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    For Sale - 378 Barrie Street, Kingston, Ontario

    Est payment $3,116/mo
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    Views   2
    Time on Jump  6 day

    AI Summary *

    • Turnkey investment property with annual gross income of $43,200.
    • Lease in place until April 2027, ensuring immediate cash flow.
    • Potential to increase revenue by converting dining room and extra bedroom.
    • Located minutes from downtown Kingston and Queen's University.
    • Well-maintained with generous living spaces and reliable tenants.




    Annual gross income of $43,200 with lease in place to end of april 2027 with the additional opportunity to further enhance revenue by monetizing more bedrooms and the existing parking space. Exceptional value with this turnkey investment property located in walking distance minutes from downtown kingston and queen's university. Rented as a 4-bedroom student rental, this property can easily be turned into a 6-bedroom rental with minimal work. There's an extra bedroom on the 2nd floor (not currently being rented out) and potential to convert the dining room into another bedroom. This well-maintained residence is positioned in one of kingston's most desirable rental areas for it's locational characteristics, offering consistent demand and a proven track record of strong occupancy. The property features generous living spaces, well sized bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200. 00 annually (may 2026 to end of april 2027 lease in place), with tenants responsible for utilities, the home provides reliable income and attractive returns, with additional upside potential for investors. With a history of stable occupancy and minimal maintenance requirements, this property presents an excellent opportunity for both seasoned and first-time investors seeking to grow their portfolio in a high-demand market. New roof 2024.
    Listing IDX13419790
    Address378 Barrie Street
    CityKingston, Ontario
    Price$649,000
    Bed / Bath5 / 2 Full
    Style2-Storey, Semi-Detached
    ConstructionVinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features Carpet Free, Water Heater OwnedOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 1.00
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    Listing Agency:  SUTTON GROUP-MASTERS REALTY INC., 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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    378 Barrie Street
    Kingston , Ontario
    5 2 $649,000
    Get more info