$649,000
Available - For Sale
Listing ID: X13419790
378 Barrie Street , Kingston, K7K 3T4, Frontenac
| Exceptional value with this turnkey investment property located in walking distance minutes from downtown Kingston and Queen's University. Rented as a 4-bedroom student rental, this property can easily be turned into a 6-bedroom rental with minimal work. There's an extra bedroom on the 2nd floor (not currently being rented out) and potential to convert the dining room into another bedroom. This well-maintained residence is positioned in one of Kingston's most desirable rental areas for it's locational characteristics, offering consistent demand and a proven track record of strong occupancy. The property features generous living spaces, well sized bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200.00 annually (May 2026 to end of April 2027 lease in place), with tenants responsible for utilities, the home provides reliable income and attractive returns, with additional upside potential for investors. Additional opportunity exist to further enhance revenue by monetizing the existing parking space. With a history of stable occupancy and minimal maintenance requirements, this property presents an excellent opportunity for both seasoned and first-time investors seeking to grow their portfolio in a high-demand market. New roof 2024. |
| Price | $649,000 |
| Taxes: | $3477.75 |
| Occupancy: | Tenant |
| Address: | 378 Barrie Street , Kingston, K7K 3T4, Frontenac |
| Directions/Cross Streets: | queen st |
| Rooms: | 10 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Living Ro | 15.94 | 10.3 | |
| Room 2 | Ground | Dining Ro | 11.81 | 10.36 | |
| Room 3 | Ground | Kitchen | 12.92 | 11.12 | |
| Room 4 | Ground | Bedroom | 8.66 | 10.66 | |
| Room 5 | Second | Bedroom 2 | 10.3 | 7.68 | |
| Room 6 | Second | Bedroom 3 | 8.76 | 10.66 | |
| Room 7 | Second | Bedroom 4 | 9.18 | 16.17 | |
| Room 8 | Second | Bedroom 5 | 10.3 | 10.36 | |
| Room 9 | Second | Bathroom | 7.38 | 7.38 | |
| Room 10 | Ground | Bathroom | 5.74 | 4.92 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 3 | Ground |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 1 |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| 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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| SUTTON GROUP-MASTERS REALTY INC., BROKERAGE |
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 22 - East of Sir John A. Blvd |
| Style: | 2-Storey |
| Tax: | $3,477.75 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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