378 Barrie Street, Kingston, ON K7K 3T4
Kingston, ON, K7K 3T4 · 22 - East of Sir John A. Blvd
About this property
Annual gross income of $43,200 with lease in place to end of April 2027 with the additional opportunity to further enhance revenue by monetizing more bedrooms and the existing parking space. Exceptional value with this turnkey investment property located in walking distance minutes from downtown Kingston and Queen's University. Rented as a 4-bedroom student rental, this property can easily be turned into a 6-bedroom rental with minimal work. There's an extra bedroom on the 2nd floor (not currently being rented out) and potential to convert the dining room into another bedroom. This well-maintained residence is positioned in one of Kingston's most desirable rental areas for it's locational characteristics, offering consistent demand and a proven track record of strong occupancy. The property features generous living spaces, well sized bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200.00 annually (May 2026 to end of April 2027 lease in place), with tenants responsible for utilities, the home provides reliable income and attractive returns, with additional upside potential for investors. With a history of stable occupancy and minimal maintenance requirements, this property presents an excellent opportunity for both seasoned and first-time investors seeking to grow their portfolio in a high-demand market. New roof 2024.
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Semi-Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Basement | Unfinished |
| Garage | None |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $3,478 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Carpet Free, Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 1
- Parking Total
- 1.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 74.00
- Lot Width
- 16.70
Financial & Tax
- Tax Annual Amount
- $3,478
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Frontenac
- Cross Street
- queen st
- Directions
- north of princess st then queen st to barrie st
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
378 Barrie Street, Kingston, ON K7K 3T4, Kingston, ON, K7K 3T4