ON > Kingston
Kingston, ON K7L 3X8,248 Collingwood ST
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Kingston, ON K7L 3X8,248 Collingwood ST
Kingston, ON K7L 3X8,248 Collingwood ST
Kingston, ON K7L 3X8,248 Collingwood ST
Kingston, ON K7L 3X8,248 Collingwood ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,499,000
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248 Collingwood ST Kingston, ON K7L 3X8

5 Beds

2 Baths

UPDATED:

11/18/2024 11:58 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X10406469

Style 2-Storey

Bedrooms 5

Annual Tax Amount $8,869

Tax Year 2024

Property Description

PRIME Location, Premium Investment Property! This solid all brick 2 storey + with generously sized paved driveway, detached garage on low maintenace lot, Featuring spacious common areas, modern finishes, and ample natural light, this property offers both comfort and functionality. The eight generously sized bedrooms provide versatility for a variety of living arrangements, ensuring strong rental appeal. ONLY 3-5 min walk to Queens University, Gord Downie Pier and 10 min walk to KGH this property is always fully occupied with a waiting list due to its excellent locations which carries great value being worry free, knowing you have a line up of tenants.One of the standout features of this investment is the solar income generated from the installed solar panels. Enjoy the additional benefit of selling excess energy back to the grid and make an additional $500 a month aprox, creating a sustainable income stream that enhances your return on investment. (Solar contract until 2032 at .80 cents per KW) (2025-2026 lease Income total $105,000.00 -Tenants pays all utilities )The location is unbeatable within walking distance of local amenities, parks, and public transportation, making it a dream for tenants and labeled a "bikers paradise". Nearby parks include Victoria Park, Churchill Park, Oakridge Park and Tindall Field. Property is fully rented - Turn Key Income available upon request. (All appliances included)

Location

Province ON

County Frontenac

Community Central City East

Area Frontenac

Region Central City East

City Region Central City East

Rooms

Family Room Yes

Basement Finished, Full

Kitchen 1

Separate Den/Office 3

Interior

Interior Features Solar Owned, Water Heater, Water Meter

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Available, Private

Garage Spaces 3.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Depth 95.26

Total Parking Spaces 3

Building

Unit Features Beach,Golf,Hospital,Park,Public Transit,School

Foundation Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by RE/MAX FINEST REALTY INC., BROKERAGE
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248 Collingwood ST