135 Nelson ST new

Kingston,ON K7L 3W9

$ 849000

5 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 14 - Central City East

MLS Listing ID X12197979

Style 2-Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $4,711

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Frontenac

Community 14 - Central City East

Area Frontenac

Rooms

Family Room No

Kitchen 1

Interior

Cooling None

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Building

Foundation Stone

Others

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