Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

378 Barrie Street, Kingston, ON K7K 3T4 (queen st)
$ 649000 - MLS : X13419790

From Our Gallery

Description

Outstanding turnkey investment property located just minutes from downtown Kingston and Queen's University. This well-maintained residence is positioned in one of Kingston's most desirable rental areas, offering consistent demand and a proven track record of strong occupancy.The property features generous living spaces, five bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200 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.Opportunities exist to further enhance revenue by monetizing the existing parking space and converting a storage room back into a sixth bedroom, increasing rental income and overall cash flow.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. Contact us today to schedule a private viewing and explore the exceptional value this investment opportunity offers. New roof 2024.

Location Description

queen st

Property Detail

Community: 22 - East of Sir John A. Blvd
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 2
Garages: None
Annual Property Taxes : $ 3477.75

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Vinyl Siding
Total Parking Space : 1
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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