Kathleen Taylor - Coldwell Banker Momentum Logo
$1,049,000
 $5,631 est/mo Sourced by Back At You

512 Johnson Street,Kingston, ON K7L 1Z8

Kingston, ON K7L 1Z8

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Description

Welcome to a premium investment opportunity in the heart of downtown Kingston, in one of Canada's most resilient student housing markets! This home is just a 5-minute walk to Queen's University and is a turnkey, low-maintenance asset, featuring 6 bedrooms, 2 bathrooms + 2 rare downtown parking spots. Enjoy peace of mind with significant recent updates, including a brand-new furnace, modern flooring, updated wall finishes, bathroom showers and vanities, a new kitchen countertop/sink, updated lighting, and fresh paint throughout. This home is equipped with new stainless-steel kitchen appliances, including 2 refrigerators. New windows have been ordered and are scheduled for installation at the end of June 2026-fully paid for and completed for the new owner. Current Income: The property is fully leased through April 30, 2027, generating $63,000 annually ($875 per bedroom/month). Tenants are responsible for all utilities, providing predictable cash flow with minimal landlord expenses. Built-In Upside: Current rents are below market, and parking is not currently being charged. There is clear opportunity to substantially increase income through future rent adjustments and the introduction of parking fees.

Details

MLS #X13425808
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPrice Change
Year0
Days On Site74
Listing Provided ByKELLER WILLIAMS INSPIRE REALTY, BROKERAGE | X13425808 441101

Features

Bed(s)6
Bath(s)2
BasementY
Story(s)2
Acreage0.08
Water FrontNone

Interior

Interior FeaturesWater Heater
CoolingNone
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofAsphalt Shingle
Foundation DetailsStone
Construction MaterialsAluminum Siding

Parking

Garage Yes / NoNo

Utilities

SewerSewer

Taxes

Tax Annual Amount6455
Tax Legal DescriptionPLAN CON 20 LOT 9 B 303
Tax Year2025

Area Information

ProvinceON
RegionFrontenac
CityKingston
Postal CodeK7L 1Z8
Area14 Central City East
Listing VS Median (in K7L 1Z8)
Price:
$1,049,000
low | high
Med:
$0
On site:
74
low | high
Med:
Sourced by Back At You

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Additional Information

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Learn More About This Property

Kathleen Taylor

Kathleen Taylor

Momentum Realty

Sales Representative (905) 246-1836kathleentaylorrealtor@gmail.com
ProvinceON
RegionFrontenac
CityKingston
Postal CodeK7L 1Z8
Area14 Central City East
Listing VS Median (in K7L 1Z8)
Price:
$1,049,000
low | high
Med:
$0
On site:
74
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $786K - $1.311M
sqft: 0 - 0
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Listing Updated: August 11, 2026 at 4:11:55 PM PDT

Kathleen Taylor - Coldwell Banker Momentum