225 Concession Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2B6
$499,900
Kingston
This retail property in Kingston is for sale.
Look no further than this versatile investment property located in the heart of downtown Kingston! With two residential units (1 bedroom, 1 bathroom each) and a legal non-conforming Class B Licensed garage, ample parking space, this cashflowing investment has it all! The garage/mechanic space has been in operation since 1971. This property is fully-tenanted and the tenants would be willing to stay. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 105 days on market, against an average age of 86 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Kingston (East of Sir John A. Blvd) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.5× the local median household income of $67,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7K)
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