640 BROCK Street, Kingston | Image 1

640 BROCK Street

Kingston, Central City East

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Aug 08, 2023

Note: Property is not currently for sale or for rent.

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  • Type: Detached

  • Style: Bungalow

  • Lot Size: 45 x 118

  • Age: 51-99 years

  • Taxes: $4,262 per year

  • Days on Site: 47 Days

  • Added: Jul 11, 2024 (1 month on market)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X9029099

  • Listed By: Royal lepage proalliance realty, brokerage

Exceptional investment opportunity an immaculate all brick bungalow walking distance to Queen's University. This property promises outstanding positive cash flow and a potentially great cap rate, but has also been fastidiously maintained and updated inside and out. The main floor, with its oak strip flooring, new paint, and updated windows and kitchen, all work together to create a clean and crisp living space. Currently laid out with 2 bedrooms and a 4-piece bath. But here's where the investment potential shines: the entire house can be easily converted into a remarkable (and profitable) 6-bed student rental. With a very modest renovation, you'd have the opportunity to experience massive upside and capitalize on the high demand for student housing in this prime location. And the best part? The basement, already updated with new flooring, fresh paint, sound insulation, and fire-rated type X drywall on the ceiling, lays the groundwork for a seamless transformation. Plumbing for a kitchenette is even pre-installed, streamlining the process further. Beyond the lucrative rental potential, this property has been updated with high end mechanicals, ensuring minimal maintenance and maximum peace of mind. The detached garage provides convenient storage space, while the driveway accommodates parking for up to 3 cars. As an investor, you can unlock positive cash flow from this well-maintained, (so close to) turnkey property. With its excellent location, prudent updates, and the potential for significant rental income, this bungalow represents an opportunity that shouldn't be missed. Whether you're a seasoned investor, a parent of a Queen's student, or looking to get into the rental market for the first time, this is your chance to secure an exceptional asset. Act quickly to make this investment yours today! Financial projections, floor plans, and updates list available upon request.

Status

  • Days on Market: 47

  • Last Status: Sold

  • Sold Date: Aug 08, 2023

  • Closed Date: Aug 21, 2023

  • Expiry Date: Sep 30, 2023

  • Sold Price: $667,500

  • Unavailable Date: Aug 08, 2023

  • Input Date: Jun 22, 2023

  • Prior LSC: Sold

Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow

  • Age: 51-99

  • Area: Kingston

  • Community: Central City East

  • Availability Date: IMMED

  • Assessment Amount: $295,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 1

  • Bathrooms: 2

  • Kitchens: 1

  • Rooms: 7

  • Air Conditioning: Other

  • Fireplace: No

  • Washrooms: 2

Utilities

  • Electricity: Yes

  • Gas: Yes

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Radiant

  • Exterior: Brick

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 37, PL 171 ; KINGSTON

  • Taxes: $4,262

Highlights

  • Feature: Hospital

Land

  • Cross Street: Between Napier Stree

  • Municipality District: Kingston

  • Parcel Number: 360250108

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 118

  • Lot Frontage: 45

  • Acres: < .50

  • Zoning: UR5

  • Rural Services: Recycling Pckup

Rooms

Room details for 640 BROCK Street, Kingston

Type Dimensions
Kitchen Main 3.35 x 2.57
Dining Main 4.57 x 2.57
Living Main 3.96 x 4.57
Bathroom Main -
Br Main 3.89 x 3.45
Br Main 3.12 x 3.38
Foyer Main 2.57 x 1.04
Family Bsmt 4.42 x 6.83
Br Bsmt 3.78 x 3.00
Bathroom Bsmt -
Laundry Bsmt 2.87 x 3.17
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