!!QUICK CLOSE!! 2 Bedroom Flip or Rental Opportunity in Kingston!! Assigned

  • $275,000
  • 2 beds
  • 1 baths
  • 700-1099 sqft
Assigned

The price point and the location of this property make it a perfect income-generating opportunity for any Investor!! The house benefits from an attractive location; located just 2 km from the waterfront and near the scenic downtown, with all its charm and amenities. Just a 20-minute bus ride or 30-minute walk will take you to Kingston’s main concert venue, boutique shopping and dining, or Queen’s University! Located in a quiet neighbourhood, the house has a large back yard for the city, with no rear neighbours!! Most of the major work has been done on the house (roof, spray-foam insulation in basement), and it will only require some TLC from an Investor to be brought to its full potential. Don’t miss out on this golden flip or rental opportunity!!

We are selling our assignable purchase contract.
Closing is November 22nd, 2021
**Please note: After assignment, the Buyer will only have 1 walkthrough remaining before closing.**
PROPERTY FEATURES
Please note: The hardwood floor throughout the property slants slightly. To the Seller’s knowledge, there is no foundation issues with the property. However, the flooring will need to be levelled. (Buyer to verify)

  • 2 bedrooms
  • 1 full bathroom
  • Built in 1943
  • Above grade: 700-1099 sq ft (as per MPAC) 
  • Unfinished basement: 0-399 sq ft (as per MPAC)
    • Ceiling height is ~5’7 ft (Buyer to verify)
    • Spray foam insulation in the basement was done about 5-years-ago (as per Seller)
    • Laundry area is located in the basement
  • Flooring: hardwood, carpet, and tile
  • 200 AMP breaker panel
  • Gas furnace is approximately 5-years-old (as per Seller)
  • HWT is rented (as per Seller)
  • No central AC
  • Windows are a mix of original and newer, throughout the property (as per Seller)
  • Roof has been redone within the last 10 years (as per Seller)
  • Property features a private, large backyard
  • On municipal services
  • Parking for 4 cars in the driveway
  • Lot size: 40.19 ft x 100 ft (as per MPAC)
  • Zoning: A5 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$275,000
Address:
Guy St & Division St
Kingston, ON
Square Feet:
700-1099
Lot Size:
40.19 ft x 100 ft
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1943
Basement:
Unfinished

Call (647) 400-2093 for more details

Property Location