251 Yonge Street, Kingston, ON K7M 1G2
Kingston, ON, K7M 1G2 · 18 - Central City West
About this property
Welcome to 251 Yonge Street-an exceptional turn-key investment opportunity in one of Kingston's most desirable student rental locations. Backing directly onto Queen's University West Campus, this well-maintained six-bedroom home offers the location, layout, and income potential that investors are looking for. Better yet, the property is currently leased through August 31, 2027, providing immediate, reliable rental income from day one.The home features a practical floor plan designed for shared living, with five generously sized bedrooms and a three-piece bathroom on the second floor, plus a sixth bedroom and an additional three-piece bathroom on the main level. Spacious common areas include a bright living room, dining area, and functional kitchen, creating comfortable spaces for students to gather and relax.The property has been well cared for and is equipped with a high-efficiency natural gas furnace and central air conditioning, ensuring year-round comfort. An unfinished basement provides excellent storage and offers potential for future value-added improvements.Situated on an impressive lot backing directly onto Queen's University West Campus, students enjoy the rare convenience of walking through the backyard for quick access to classes-a feature that consistently enhances the property's rental appeal. With parking for multiple vehicles and close proximity to transit, shopping, restaurants, and everyday amenities, this is an outstanding opportunity to acquire a fully leased investment property in one of Kingston's most sought-after student rental locations.
Features & Amenities
- Basement: Full, Partially Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Lot Size | 11,377 Feet |
| Basement | Full, Partially Finished |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,354 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free, Primary Bedroom - Main Floor
Exterior Features
- Exterior Features
- Deck, Privacy, Porch
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Partially Finished
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Parking Features
- Available, Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 11377.44
- Lot Size Units
- Feet
- Lot Depth
- 185.45
- Lot Width
- 58.74
Community & Neighborhood
- Property Features
- Beach, Hospital, Lake Access, Public Transit, School, School Bus Route
Financial & Tax
- Tax Annual Amount
- $5,354
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Frontenac
- Cross Street
- Union Street and Yonge Street
- Directions
- Union Street to Yonge Street
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
251 Yonge Street, Kingston, ON K7M 1G2, Kingston, ON, K7M 1G2