$495,000

Detached

579 Macdonnell Street, Kingston, ON

90 DAYS
3+3
2
1
1100-1500
579 Macdonnell Street, Kingston, ON K7K 4W9 - photo 1 of 1
1 / 1

Listed by NORTH 2 SOUTH REALTY

Property Highlights

Garage

1 space

Property Tax

$3,666/yr

Lot Size

< .50 ac

Style

Bungalow

Basement

Separate Entr., Apartment

Monthly Cost

$2,396/mo

About This Home

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!

Monthly Cost

Monthly Mortgage$2,090
Property Tax ($3,666/yr)$306
Total$2,396

Price & Listing History

Schools

Location

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Rooms

Main Level

Primary Bedroom: 0.0 × 0.0
Kitchen: 0.0 × 0.0
Breakfast: 0.0 × 0.0
Living Room: 0.0 × 0.0
Bedroom 2: 0.0 × 0.0
Bedroom 3: 0.0 × 0.0

Basement Level

Living Room: 0.0 × 0.0
Primary Bedroom: 0.0 × 0.0
Kitchen: 0.0 × 0.0
Bedroom 3: 0.0 × 0.0
Bedroom 2: 0.0 × 0.0
Laundry: 0.0 × 0.0

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage