Added 1 month ago
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Type: Investment
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Property Type: Commercial
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Zoning: DT@
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Age: No Data
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Taxes: 7635.56
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MLS®#: X11969489
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Days on Site: 30 Days
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Added: Feb 12, 2025 (1 month ago)
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Updated:
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Last Checked: 1 week ago
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Listed By: K B REALTY INC., BROKERAGE
Welcome to 166 Queen St. This charming licensed Short Term Rental AIRBNB offers numerous opportunities for investors, entrepreneurs, homeowners, and developers. Located in the heart of downtown Kingston, just 2 blocks from the waterfront, this well-maintained and well-appointed property is a fantastic buy. It features a prime location, excellent office space potential, and multiple suites. This downtown Kingston property offers three separate suites run your business, live in one suite, and rent the other, or rent them all for amazing value. The main floor contains three spacious offices with closets for storage and a 2-piece bathroom. The recently renovated lower level apartment features an open-concept living/dining room, kitchen, and a bedroom with a 4-piece ensuite. The upper level apartment includes a living room with a vaulted ceiling , kitchen, and 3-piece bathroom on the first level, and a large bedroom and 3-piece bathroom on the second level. The private back patio is a quaint courtyard space with beautiful limestone walls, a deck, and garden shed. This property presents a great opportunity to diversify or enhance your investment portfolio, own your office while offsetting costs with rental income, or operate the AIRBNB for income. Enjoy an urban, walkable, eco-friendly lifestyle. According to Walk Score: this property has a "Walk Score of 100 out of 100. This location is a 'Walkers Paradise' so daily errands do not require a car.... with nearby parks including McBurney Park, North Street Hill Park and Boucher Park" and downtown Confederation Park with Confederation Basin Marina, Wolf Island Ferry and all downtown amenities.
Property
Status: Sale
Property Type: Investment
Property Type: Accommodation
Net Income: 14000
Area: Kingston
Community: East of Sir John A. Blvd
Assessment Amount: $312,000
Assessment Year: 2024
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Other
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Public
Fees
Tax Year: 2024
Taxes: $7,636
Expenses: Act
Insurance Fee: 2100
Operating Fees: 23000
Hydro Expense: 2600
Heat Expenses: 2600
Other Expenses: 6000
Taxes Type: Annual
Taxes: 7500
Land
Cross Street: Queen St./ King St.
Municipality District: Kingston
Parcel Number: 360490183
Lot Depth: 30.36 Feet
Lot Frontage: 65.68 Feet
Zoning: DT@
Open House
Open House Date: 2025-03-30
Open House Start: 01:00:00
Open House Finished: 03:00:00
Commercial Specific
Total Area: 2000
Total Area Metric: Sq Ft
Area Influence: Public Transit
Lot Code: Building
Business/Building Name: 166 Queen St. AIRBNB
St Patrick Catholic School
Elementary: CatholicSydenham Public School
Elementary: PublicCentral Public School
Elementary: PublicModule Vanier
Elementary: PublicWinston Churchill Public School
Elementary: PublicCathedrale Catholic School
Elementary: CatholicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicLa Salle Secondary School
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic
- 1 bath
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240 Wellington Street, Kingston, Ontario • K7K 2Y8 • East of Sir John A. Blvd
- 0 bath
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180-182 Bagot Street, Kingston, Ontario • K7L 3G1 • 14 - Central City East