For Sale: 512 Johnson Street, Kingston, ON - REW
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$1,150,000
6 bd • 2 ba • 1500 - 1999 sf • House
512 Johnson Street
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$1,150,000
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512 Johnson StreetKingston, ON, K7L 1Z8

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

About this home

Welcome to a premium investment opportunity in the heart of downtown Kingston, in one of Canada's most resilient student housing markets! This home is just a 5-minute walk to Queen's University and is a turnkey, low-maintenance asset, featuring 6 bedrooms, 2 bathrooms + 2 rare downtown parking spots. Enjoy peace of mind with significant recent updates, including a brand-new furnace, modern flooring, updated wall finishes, bathroom showers and vanities, a new kitchen countertop/sink, updated lighting, and fresh paint throughout. This home is equipped with new stainless-steel kitchen appliances, including 2 refrigerators. New windows have been ordered and are scheduled for installation at the end of June 2026-fully paid for and completed for the new owner. Current Income: The property is fully leased through April 30, 2027, generating $63,000 annually ($875 per bedroom/month). Tenants are responsible for all utilities, providing predictable cash flow with minimal landlord expenses. Built-In Upside: Current rents are below market, and parking is not currently being charged. There is clear opportunity to substantially increase income through future rent adjustments and the introduction of parking fees. (id:63626)
Listed by: CARRIE BRUNET, Salesperson, KELLER WILLIAMS INSPIRE REALTY, BROKERAGE

Home facts and features

Price details
List Price
$1,150,000
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Gross Taxes for 2025
$6,455
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
House
Depth
120 feet
Frontage
27.6 feet
Title
Freehold
Exterior Finish
Aluminum siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished,
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
CARRIE BRUNET
Primary Broker
KELLER WILLIAMS INSPIRE REALTY, BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
X13425808
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Property Insights

Kingston Collegiate
  • Public
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 8
Rideau Public School
  • Public
  • JK - 8
St Joseph School
  • Catholic
  • JK - 5
Cathedrale Catholic School
  • Catholic
  • JK - 8
Sydenham Public School
  • Public
  • JK - 8
Central Public School
  • Public
  • JK - 8
St Patrick Catholic School
  • Catholic
  • JK - 8
Regiopolis/Notre-Dame Catholic High School
  • Catholic
  • 9 - 12
Centennial Public School
  • Public
  • JK - 8
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
Salesperson
CARRIE BRUNET
Phone:
(613) 453-7363
Cell:
613-453-7363
Office:
613-548-5885
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.