68 Collingwood Street, Kingston (Central City East) - Single Family for Sale

Description

QUEEN'S INVESTORS & BUYERS- Rare location. Rare lot. Rare investment opportunity. Ideally located steps from Queen's University & KGH, this exceptional 1890 limestone home combines timeless character with modern functionality. Offering 6 spacious bedrooms plus a finished rec room with gas fireplace and heated floors, 3 bathrooms, 5 parking spaces, a detached garage, dedicated workspace, and a rare 76' x 120' lot. Turnkey and thoughtfully upgraded, all major systems have been updated, including extensive built-in cabinetry, HVAC with generator backup, central & split AC, updated electrical and plumbing, and a Level 2 EV charger. Enjoy generous living and common areas, a spacious kitchen and a beautiful screened-in gazebo-perfect for relaxing or entertaining. For investors, the prime Queen's location and natural layout offer strong student rental potential. Currently rented and receiving a monthly income of $8,300 per month plus utilities. Leased until April 30, 2028. Total gross income on the property is $99,600 annually. With little work this could be converted to 7 and possible 8 bedrooms. A rare opportunity to own a premium, low-maintenance investment in one of Canada's most resilient student housing markets, while retaining the appeal of a distinctive downtown home. Note: This home is being rented to students for the first time. As such, it is pristine. This home has some rooms staged using Artificial Intelligence. (id:66096)

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