512 Johnson Street, Kingston, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 27.5 x 120 ft lot
- Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with ["none"] central cooling and highly efficient forced air heating via gas
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.
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 512 Johnson Street, Kingston, ON K7L 1Z8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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Nearby School Rankings
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