135 Nelson Street Kingston, Ontario K7L 3W9
$849,000
Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, added grading to improve drainage, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district. (id:50886)
Property Details
| MLS® Number | X12197979 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Community Name | 14 - Central City East |
| Parking Space Total | 3 |
| Structure | Deck |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Furniture |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 X 132 Ft |
| Size Total Text | 33 X 132 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 2.6 m | 2.49 m | 2.6 m x 2.49 m |
| Second Level | Bedroom 3 | 2.67 m | 3.6 m | 2.67 m x 3.6 m |
| Second Level | Bedroom 4 | 3.37 m | 3.51 m | 3.37 m x 3.51 m |
| Second Level | Bedroom 5 | 3.26 m | 3.46 m | 3.26 m x 3.46 m |
| Main Level | Foyer | 1.74 m | 5.91 m | 1.74 m x 5.91 m |
| Main Level | Living Room | 5.37 m | 3.42 m | 5.37 m x 3.42 m |
| Main Level | Kitchen | 4.69 m | 3.41 m | 4.69 m x 3.41 m |
| Main Level | Primary Bedroom | 3.5 m | 3.69 m | 3.5 m x 3.69 m |
Contact Us
Contact us for more information
Mat Clancy
Broker
www.youtube.com/embed/ExVzyU9mXJc
matclancy.ca/
110-623 Fortune Cres
Kingston, Ontario K7P 0L5
(613) 546-4208
www.remaxrise.com/
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June 06 2025 07:22:33
Kingston & Area Real Estate Association
RE/MAX Rise Executives, Brokerage