311 Portsmouth Avenue, Kingston | Image 1

311 Portsmouth Avenue

Kingston, Central City West

  • Commercial

$678,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: A1

  • Age: 51-99 years

  • Taxes: 3770.43

  • MLS®#: X9412612

  • Days on Site: 17 Days

  • Added: Oct 01, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 57 minutes ago

  • Listed By: RE/MAX Finest Realty Inc., Brokerage

If you want to maximize this Legal Duplex property a solid move would be I would furnish it, rent it to students for 8 months, and put it on Air B&B for the summer months. Considering students will pay about $850 x6 = $5100 ( monthly) plus utilities per room Air B&B should fetch an average or $500.00 ($250.00 per Unit) 20 nights rented = $10,000 Per month gross income. This property could quickly become one of your top producing properties in your portfolio. The main floor offers an open concept floor plan, nice kitchen with a peninsula, 2 beds and 3 rd room that could be a den, bedroom or dining room also the laundry is located in a closet just off the kitchen. The Basement offers a large living area, open concept kitchen and laundry ample storage and 3 good sized bedrooms. The property also has a large deck, detached garage and a huge lot that has potential for redevelopment or to legally add a 3 and 4 th unit.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Kingston

  • Community: Central City West

  • Availability Date: FLEX

  • Assessment Amount: $261,000

  • Assessment Year: 2013

Inside

  • Bathrooms: 2

  • Air Conditioning: Central Air

  • Washrooms: 2

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Detached

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 4 PL 653; ST FR 87785, KINGSTON

  • Taxes: $3,770

  • Insurance Fee: 1021

Land

  • Cross Street: BATH TO PORTSMOUTH

  • Municipality District: Kingston

  • Parcel Number: 360080040

  • Sewer: Sewers

  • Lot Depth: 150 Feet

  • Lot Frontage: 60 Feet

  • Zoning: A1

Commercial Specific

  • Total Area: 2180

  • Total Area Metric: Sq Ft

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Somewhat Walkable

  • Some errands can be accomplished on foot.
54 /100

Good Transit

  • Some errands can be accomplished by public transportation.
52 /100

Very Bikeable

  • Most errands can be accomplished on bike.
82 /100
7-8

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St Thomas More Catholic School

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Centennial Public School

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Calvin Park Public School

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Polson Park Public School

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École secondaire publique Mille-Iles

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Limestone School of Community Education

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Loyola Community Learning Centre

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Frontenac Learning Centre

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3.16 km
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Loyalist Collegiate and Vocational Institute

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0.92 km
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Kingston Collegiate and Vocational Institute

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2.22 km
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