Kingston K7L 3W9 Ontario
MLS: X12197979
Added 1 day ago | For Sale
Listed by: RE/MAX RISE EXECUTIVES, BROKERAGE
Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, added grading to improve drainage, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Foyer | 5 ft, 9 in x 19 ft, 5 in | |
| Living Room | 17 ft, 7 in x 11 ft, 3 in | ||
| Kitchen | 15 ft, 5 in x 11 ft, 2 in | ||
| Primary Bedroom | 11 ft, 6 in x 12 ft, 1 in | ||
| Second | Bedroom 2 | 8 ft, 6 in x 8 ft, 2 in | |
| Bedroom 3 | 8 ft, 9 in x 11 ft, 10 in | ||
| Bedroom 4 | 11 ft, 1 in x 11 ft, 6 in | ||
| Bedroom 5 | 10 ft, 8 in x 11 ft, 4 in |
No property rooms available.
