Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

380 BARRIE Street, Kingston, ON K7K 3T4 (COLBORNE ST)
$ 1099000 - MLS : X13427182

From Our Gallery

Description

Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location.

Location Description

COLBORNE ST

Property Detail

Community: 22 - East of Sir John A. Blvd
Property Type: Tenant/Residential Freehold
Bedrooms: 8
Bath: 4
Garages: None
Annual Property Taxes : $ 5731.41

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Vinyl Siding
Total Parking Space : 3
Parking Type : None

Amenities

Heating : BaseboardElectric
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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