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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$1,499,000
Available - For Sale
Listing ID: X10406469
248 Collingwood St , Kingston, K7L 3X8, Ontario


PRIME Location, Premium Investment Property! This solid all brick 2 storey + with generously sized paved driveway, detached garage on low maintenace lot, Featuring spacious common areas, modern finishes, and ample natural light, this property offers both comfort and functionality. The eight generously sized bedrooms provide versatility for a variety of living arrangements, ensuring strong rental appeal. ONLY 3-5 min walk to Queens University, Gord Downie Pier and 10 min walk to KGH this property is always fully occupied with a waiting list due to its excellent locations which carries great value being worry free, knowing you have a line up of tenants.One of the standout features of this investment is the solar income generated from the installed solar panels. Enjoy the additional benefit of selling excess energy back to the grid and make an additional $500 a month aprox, creating a sustainable income stream that enhances your return on investment. (Solar contract until 2032 at .80 cents per KW) (2025-2026 lease Income total $105,000.00 -Tenants pays all utilities )The location is unbeatable within walking distance of local amenities, parks, and public transportation, making it a dream for tenants and labeled a "bikers paradise". Nearby parks include Victoria Park, Churchill Park, Oakridge Park and Tindall Field. Property is fully rented - Turn Key Income available upon request. (All appliances included)
Extras:   Mandatory Schedule B to be included in all Offers - in Document section. Deposit information in Document section.
Price $1,499,000
Taxes: $8869.93
Address: 248 Collingwood St , Kingston, K7L 3X8, Ontario
Lot Size: 53.12 x 95.26 (Feet)
Acreage: < .50
Directions/Cross Streets: Sir John A Macdonald left onto Johnson right onto Collingwood
Rooms: 8
Bedrooms: 5
Bedrooms +: 3
Kitchens: 1
Family Room: Y
Basement: Finished, Full
Approximatly Age: 51-99
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Available
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Beach, Golf, Hospital, Park, Public Transit, School
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX FINEST REALTY INC., BROKERAGE
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At a Glance:
Type: Freehold - Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: Central City East
Style: 2-Storey
Lot Size: 53.12 x 95.26(Feet)
Approximate Age: 51-99
Tax: $8,869.93
Maintenance Fee: $0
Beds: 5+3
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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