$849,000
Available - For Sale
Listing ID: X12197979
135 Nelson Stre , Kingston, K7L 3W9, Frontenac
| 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. |
| Price | $849,000 |
| Taxes: | $4711.40 |
| Occupancy: | Tenant |
| Address: | 135 Nelson Stre , Kingston, K7L 3W9, Frontenac |
| Acreage: | < .50 |
| Directions/Cross Streets: | Princess Street |
| Rooms: | 9 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 5.71 | 19.38 | |
| Room 2 | Main | Living Ro | 17.61 | 11.22 | |
| Room 3 | Main | Kitchen | 15.38 | 11.18 | |
| Room 4 | Main | Primary B | 11.48 | 12.1 | |
| Room 5 | Second | Bedroom 2 | 8.53 | 8.17 | |
| Room 6 | Second | Bedroom 3 | 8.76 | 11.81 | |
| Room 7 | Second | Bedroom 4 | 11.05 | 11.51 | |
| Room 8 | Second | Bedroom 5 | 10.69 | 11.35 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX RISE EXECUTIVES, BROKERAGE |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,711.4 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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