Sold on Apr 02, 2021
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: 2-Storey
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Lot Size: 41.6 x 60
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Age: No Data
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Taxes: $4,325 per year
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Days on Site: 28 Days
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Added: Oct 27, 2024 (4 weeks on market)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X9073688
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Listed By: Rogers & trainor commercial realty inc., brokerage
Rare above 5% cap turn-key legal Duplex in downtown Kingston with over $200k of improvements. Property consists of 2x3 Bedroom suites, fully leased to excellent tenants. Each suite consists of +/- 1000 sf spanning 2-levels, for a total of +/- 2000 sf of high-end dwelling space custom-built by a master carpenter approx 5 years ago. Entire property was re-levelled, re-framed, taken back to the studs and re-built. Mechanical, electrical, plumbing and fire safety systems are all new. New roof (front half), new gas boiler providing radiant heat, new windows, custom-built kitchens, custom-built stairs, new appliances and more - the list is endless. Each suite offers 1 full bath and in-suite laundry. The property offers 2 side-by-side parking spaces, fenced backyard, and is situated across the street from a new residential development where rents are in excess of $3000/month for similar 3-Bed suites. This property offers significant rental upside following tenant turnover, while offering worry-free ownership as everything is almost brand new. An excellent opportunity for investors or even for buyers wanting to live downtown in a spacious unit while benefitting from the rental income of a 2nd suite. A property worthy of use as a principal residence, 79 Elm is undoubtedly one of the most exceptional downtown investment properties to hit the market.
Status
Days on Market: 28
Last Status: Sold
Sold Date: Apr 02, 2021
Closed Date: May 14, 2021
Expiry Date: Jun 30, 2021
Sold Price: $670,000
Unavailable Date: Apr 02, 2021
Input Date: Nov 30, -0001
Property
Status: Sale
Property Type: Detached
Style: 2-Storey
Area: Kingston
Community: East of Sir John A. Blvd
Inside
Bedrooms: 6
Bathrooms: 2
Kitchens: 2
Fireplace: No
Washrooms: 2
Utilities
Electricity: Yes
Gas: Yes
Building
Basement: Full
Basement 2: Unfinished
Heat Type: Water
Heat Source: Gas
Exterior: Vinyl Siding
Elevator: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Garage Type: None
Total Parking Spaces: 2
Fees
Tax Year: 2020
Tax Legal Description: PT LT 24 BLK NN CON 1 KINGSTON AS IN FR509110; KINGSTON; THE COU
Taxes: $4,325
Highlights
Feature: Fenced Yard
Land
Cross Street: Princess Street to C
Municipality District: Kingston
Parcel Number: 360710053
Pool: None
Sewer: Sewers
Lot Depth: 60
Lot Frontage: 41.6
Acres: < .50
Zoning: A
Rural Services: Recycling Pckup
Rooms
Room details for 79 Elm Street, Kingston
| Type | Dimensions | Description |
|---|---|---|
| Living Main | 4.57 x 3.65 | Laminate |
| Kitchen Main | 3.65 x 2.74 | Laminate |
| Br Main | 3.65 x 2.74 | Laminate |
| Br 2nd | 4.87 x 2.74 | Laminate |
| Br 2nd | 3.65 x 2.74 | Laminate |
| Bathroom 2nd | 2.74 x 2.74 | Ensuite Bath, Laminate |
| Bathroom 2nd | 2.74 x 2.74 | Laminate |
| Other Bsmt | 4.87 x 3.65 | |
| Living Main | 4.26 x 4.26 | Laminate |
| Kitchen Main | 4.26 x 2.74 | Laminate |
| Br Main | 3.35 x 3.35 | Laminate |
| Br 2nd | 3.35 x 3.65 | Laminate |
St Patrick Catholic School
Elementary: CatholicSydenham Public School
Elementary: PublicCentral Public School
Elementary: PublicModule Vanier
Elementary: PublicCathedrale Catholic School
Elementary: CatholicRideau Public School
Elementary: PublicÉcole secondaire publique Mille-Iles
Secondary: PublicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic