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$1,499,000

248 COLLINGWOOD STREET
Kingston (Central City East), Ontario K7L3X8

ID# X10406469
PRIME Location, Premium Investment Property! This solid all brick 2 storey + with generously sized paved driveway, detached garage on low maintenace lot, Featuring spacious common areas, modern finishes, and ample natural light, this property offers both comfort and functionality. The eight generously sized bedrooms provide versatility for a variety of living arrangements, ensuring strong rental appeal. ONLY 3-5 min walk to Queens University, Gord Downie Pier and 10 min walk to KGH this property is always fully occupied with a waiting list due to its excellent locations which carries great value being worry free, knowing you have a line up of tenants.One of the standout features of this investment is the solar income generated from the installed solar panels. Enjoy the additional benefit of selling excess energy back to the grid and make an additional $500 a month aprox, creating a sustainable income stream that enhances your return on investment. (Solar contract until 2032 at .80 cents per KW) (2025-2026 lease Income total $105,000.00 -Tenants pays all utilities )The location is unbeatable within walking distance of local amenities, parks, and public transportation, making it a dream for tenants and labeled a ""bikers paradise"". Nearby parks include Victoria Park, Churchill Park, Oakridge Park and Tindall Field. Property is fully rented - Turn Key Income available upon request. (All appliances included) **** EXTRAS **** Mandatory Schedule B to be included in all Offers - in Document section. Deposit information in Document section. (id:58777)
Courtesy of RE/MAX FINEST REALTY INC., BROKERAGE
Listed on: November 04, 2024

On market: 21 days
Bathroom Total 2
Bedrooms Total 8
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
BedroomSecond level3.56 m x 3.27 m
BedroomSecond level3.11 m x 3.27 m
BedroomSecond level3.27 m x 3.25 m
BedroomBasement4.05 m x 2.77 m
BedroomBasement6.27 m x 3.76 m
BedroomBasement4.66 m x 3.66 m
BedroomMain level3.98 m x 3.25 m
BedroomMain level3.97 m x 4.3 m
Dining roomMain level3.59 m x 3.55 m
KitchenMain level3.05 m x 4.28 m
Living roomMain level3.7 m x 3.55 m

Head Office

Royal LePage ProAlliance Realty, Brokerage

357 Front Street Empire Square

Belleville, OntarioK8N 2Z9


Bus: (613) 966-6060

Fax: (613) 966-2904

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