- Ontario
- Kingston
423 Palace Rd
CAD$974,995 Sale
423 Palace RdKingston, Ontario, K7L4T5
3+234| 2000 sqft
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ID40572559
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Detached
RoomsBed:3+2,Bath:3
Square Footage2000 sqft
Land Sizeunder 1/2 acre
Age
Listing Courtesy ofRE/MAX Service First Realty Inc, Brokerage
Detail
Building
Bathroom Total3
Bedrooms Total5
Bedrooms Above Ground3
Bedrooms Below Ground2
AppliancesDishwasher,Dryer,Refrigerator,Stove,Washer,Microwave Built-in
Basement DevelopmentFinished
Construction Style AttachmentDetached
Cooling TypeCentral air conditioning
Exterior FinishVinyl siding
Fireplace PresentFalse
Fire ProtectionSmoke Detectors
Heating FuelNatural gas
Heating TypeForced air
Size Interior2000 sqft
Stories Total2
Total Finished Area
Utility WaterMunicipal water
Basement
Basement TypeFull (Finished)
Land
Size Total Textunder 1/2 acre
Access TypeRoad access
Acreagefalse
SewerMunicipal sewage system
BasementFinished,Full (Finished)
FireplaceFalse
HeatingForced air
Remarks
This property checks all the boxes. Are you a parent looking to house your son or daughter at Queens—want to have it paid for? Then this property is for you. Or are you a savvy investor that just wants great returns and a solid investment—we have you covered! Don't be deceived by its modest exterior—423 Palace Road is a fully furnished, turn-key, high performing investment. This property is larger than it looks due to a large addition at the rear. Discover 423 Palace Road—an exceptional, well-maintained legal 3-unit property in the heart of the City. With two 2-bedroom units, one 1-bedroom unit, and close proximity to Queen's University, hospitals, and public transit, it appeals to mature tenants and professionals. Standout features include a 100-gallon owned solar hot water heater, energy-efficient vinyl windows, and upgraded insulation for reduced operational costs. Offering an attractive income stream and with a sought after short-term rental rating, it's ideal for long-term tenants and Airbnb ventures. Don't miss this opportunity with a 7.07% CAP Rate, a projected 6.71% ROI. and with 0% vacancy and fully leased until 2025. (id:22211)
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Location
Province:
Ontario
City:
Kingston
Community:
Central City West
Room
Room
Level
Length
Width
Area
4pc Bathroom
Second
NaN
Measurements not available
Kitchen/Dining
Second
3.56
4.19
14.92
11'8'' x 13'9''
Living
Second
3.48
4.98
17.33
11'5'' x 16'4''
Bedroom
Second
3.45
4.98
17.18
11'4'' x 16'4''
Foyer
Lower
2.24
2.90
6.50
7'4'' x 9'6''
Laundry
Lower
1.68
2.59
4.35
5'6'' x 8'6''
4pc Bathroom
Lower
1.63
2.03
3.31
5'4'' x 6'8''
Kitchen
Lower
3.30
3.07
10.13
10'10'' x 10'1''
Living
Lower
4.19
4.27
17.89
13'9'' x 14'0''
Bedroom
Lower
3.40
5.89
20.03
11'2'' x 19'4''
Bedroom
Lower
4.01
2.79
11.19
13'2'' x 9'2''
4pc Bathroom
Main
NaN
Measurements not available
Dining
Main
0.53
4.67
2.48
1'9'' x 15'4''
Living
Main
4.47
3.25
14.53
14'8'' x 10'8''
Kitchen
Main
3.48
3.00
10.44
11'5'' x 9'10''
Bedroom
Main
4.57
3.38
15.45
15'0'' x 11'1''
Bedroom
Main
3.53
6.05
21.36
11'7'' x 19'10''