$495,000
$495,000
Detached579 Macdonnell Street, Kingston, ON
90 DAYSon market
3+3Bedrooms
2Bathrooms
1Garage
1100-1500Sq Ft

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Listed by NORTH 2 SOUTH REALTY
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
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Basement Level
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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
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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
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