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    For Sale - 512 Johnson Street, Kingston, Ontario

    Est payment $5,522/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Turnkey investment property just a 5-minute walk from Queen's University.
    • Features 6 bedrooms and 2 bathrooms, great for student rental.
    • Recent updates include furnace, flooring, and modern finishes throughout.
    • Fully leased until April 2027, generating $63,000 annually.
    • Opportunity to increase income with future rent adjustments and parking fees.




    Welcome to a premium investment opportunity in the heart of downtown kingston, in one of canada's most resilient student housing markets! This home is just a 5-minute walk to queen's university and is a turnkey, low-maintenance asset, featuring 6 bedrooms, 2 bathrooms + 2 rare downtown parking spots. Enjoy peace of mind with significant recent updates, including a brand-new furnace, modern flooring, updated wall finishes, bathroom showers and vanities, a new kitchen countertop/sink, updated lighting, and fresh paint throughout. This home is equipped with new stainless-steel kitchen appliances, including 2 refrigerators. New windows have been ordered and are scheduled for installation at the end of june 2026-fully paid for and completed for the new owner. Current income: the property is fully leased through april 30, 2027, generating $63,000 annually ($875 per bedroom/month). Tenants are responsible for all utilities, providing predictable cash flow with minimal landlord expenses. Built-in upside: current rents are below market, and parking is not currently being charged. There is clear opportunity to substantially increase income through future rent adjustments and the introduction of parking fees.
    Listing IDX13425808
    Address512 Johnson Street
    CityKingston, Ontario
    Price$1,150,000
    Bed / Bath6 / 2 Full
    Style2-Storey, Detached
    ConstructionAluminum Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water HeaterAmenities Park, Public Transit, School, HospitalOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  KELLER WILLIAMS INSPIRE 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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    512 Johnson Street
    Kingston , Ontario
    6 2 $1,150,000
    Get more info