501 - 652 Princess Street, Kingston, Ontario K7L 1E5

Listed for:
$299,999
1 beds
1 baths
Listed 1 day ago
Apartment for rent: 501 - 652 Princess Street, Kingston, Ontario K7L 1E5

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About

Cross Streets: Princess Street & Victoria Street. ** Directions: Princess Street, between Victoria Street &Nelson Street. Welcome to Sage Kingston, a contemporary condominium ideally situated in the heart of Kingston. This well-appointed south-facing 1-bedroom, 1-bathroom suite offers an efficient open-concept layout designed to maximize natural light and functionality. The modern kitchen features quality cabinetry, granite counters and stainless steel appliances, while the bright living area offers ample workspace and opens to a private balcony. Suite 501 is being sold fully furnished and includes a storage locker, making it an ideal turnkey investment or future residence. Currently rented on a month-to-month basis for $1,947 per month to an excellent tenant who is happy to remain and also willing to go, this property offers immediate rental income with exceptional flexibility for investors. Based on the current income and operating expenses, the property generates positive cash flow. Professional property management isavailable through either Sage Property Management or Heron Management, the current management company utilized by the seller, providing a convenient, low-maintenance ownership experience. Residents enjoy premium building amenities including a fully equipped fitness centre, rooftop terrace and garden, party/meeting room, secure entry, bike storage, and on-site management. Conveniently located within walking distance of Queen's University, Kingston General Hospital, downtown Kingston, public transit, shopping, restaurants, and everyday amenities, Sage Kingston continues to be one of the city's most sought-after locations for students and professionals alike. This is an outstanding opportunity to acquire a fully furnished, immediate-income-producing condo in a professionally managed building with strong long-term rental appeal. (id:27476)

Property Highlights

MLS® Number
X13570422
Type
Single Family
Community Name
14 - Central City East
Maintenance Fee
386.50
Ownership Type
Condominium/Strata

Building

Building Type
Apartment
Square Footage
0 - 499 sqft
Bathrooms Total
1
Bedrooms Above Ground
1
Bedrooms Total
1
Amenities
Security/Concierge, Exercise Centre, Party Room, Storage - Locker Hospital, Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick, Concrete
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X13570422
Agent:
Peter Soni
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Street Spotlight - For sale