135 NELSON STREET, Kingston (Central City East), Ontario, K7L3W9
Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district. (id:2471)
Sutton Group - Masters Realty Inc. Brokerage*
- Ted Custance: 613-449-6809 | Catherine Arnold: 613-985-6005
- 613-384-5500
- 613-384-6800
- tedandcatherine@youronlineagents.com
- Property Address: 135 NELSON STREET, Kingston (Central City East), Ontario, K7L3W9
- Community Name: 14 - Central City East
- Property Type: Single Family
- Title: Freehold
- Lot Size: 33 x 132 FT
- Acreage: 33 x 132 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 3
- Maintenance Fee: 0.00
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 1500 - 2000 sqft
- Building Age: 100+ years
- Bedrooms: 5
- Bathrooms: 2-Total 1-Partial
- Basement Type: N/A (Unfinished)
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Vinyl siding
- Foundation Type: Stone
- Appliances Included: Furniture
- Structures: Deck
| Type | Level | Dimensions |
|---|---|---|
| Bedroom 2 | Second level | 2.6 m x 2.49 m |
| Bedroom 3 | Second level | 2.67 m x 3.6 m |
| Bedroom 4 | Second level | 3.37 m x 3.51 m |
| Bedroom 5 | Second level | 3.26 m x 3.46 m |
| Foyer | Main level | 1.74 m x 5.91 m |
| Living room | Main level | 5.37 m x 3.42 m |
| Kitchen | Main level | 4.69 m x 3.41 m |
| Primary Bedroom | Main level | 3.5 m x 3.69 m |
Listing Office: RE/MAX RISE EXECUTIVES, BROKERAGE
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