For Sale: 251 Yonge Street, Kingston, ON - REW
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$699,900
6 bd • 2 ba • 1500 - 1999 sf • House
251 Yonge Street
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$699,900
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251 Yonge StreetKingston, ON, K7M 1G2

  • 6 Bed
  • 2 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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. (id:63626)
Listed by: MATT LEE, Broker, ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Home facts and features

Price details
List Price
$699,900
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Gross Taxes for 2025
$5,354
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
5
Parking Details
No Garage
Property Type
House
Depth
185.5 feet
Frontage
58.8 feet
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Partially finished, Full
Features
Carpet Free, Dry, Flat site, Irregular lot size, Smoke Detectors
Appliances
Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
MATT LEE
Primary Broker
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Listing details
Days on REW
48 Days
MLS® Number
X13512090
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Property Insights

Centennial Public School
  • Public
  • JK - 8
St Thomas More Catholic School
  • Catholic
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
St Joseph School
  • Catholic
  • JK - 5
Loyalist Collegiate Vocational Institute
  • Public
  • 9 - 12
Calvin Park Public School
  • Public
  • 7 - 8
Polson Park Public School
  • Public
  • JK - 6
Rideau Public School
  • Public
  • JK - 8
Kingston Collegiate
  • Public
  • 9 - 12
ÉEP Madeleine-de-Roybon
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
MATT LEE
Phone:
(613) 985-0091
Cell:
613-985-0091
Office:
613-544-4141
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