For Sale - 579 Macdonnell Street, Kingston, Ontario

Est payment $2,454/mo
Views   1
Time on Jump  71 day
  • All brick duplex with great income potential in Kingscourt area.
  • Upper level features 3 spacious bedrooms and a separate eat-in kitchen.
  • Lower level has a self-contained unit with 2 entrances and ensuite laundry.
  • Large backyard, plus detached garage and parking for 2 additional cars.
  • Current income from lower unit; lots of potential for higher returns.



All brick legal duplex with amazing income potential in the highly desirable kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow or $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!
Listing IDX12639710
Address579 Macdonnell Street
CityKingston, Ontario
Price$495,000
Bed / Bath6 / 2 Full
StyleBungalow, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Separate Hydro Meter, Water HeaterAmenities Rec./Commun.Centre, Public Transit, Park, SchoolOwnership FreeholdBasement Separate Entrance, ApartmentFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 3.00
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Listing Agency:  NORTH 2 SOUTH REALTY
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579 Macdonnell Street
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