Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $495,000 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.
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!
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Rec./Commun.Centre, Public Transit, Park, School
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Data-driven valuation for 579 Macdonnell Street, Kingston, ON K7K 4W9
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