$1,285,000
8.23 BTC
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118 Napier Street, Kingston
$1,285,000
PRICE
6 + 2
BEDROOMS
4
BATHROOMS
X12016811
MLSID

118 Napier Street, Kingston

Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas.
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Summary

Address
118 Napier Street
MLSID
X12016811
Property Type
Detached
Property Category
Bedrooms
6 + 2
Bathrooms
4
Kitchens
1 + 1
Zoning
OS2, A
Taxes (Annual)
$8,500.34
Tax Year
2024
Published
March 13, 2025
Days on Market
142 Days
Possession Type
Flexible
Possession Details
Tbd
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Inclusions

Furniture common rooms -every bedroom has desk, bed ,chair, 2 stoves, 3 fridges, 1 freezer, 2 microwaves, 2 washers, 2 dryers, silverware, dishes

Exclusions

Tenant's belongings

Details

Property Features
Hospital, Public Transit, School, School Bus Route
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
3-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Basement Level
Parking Spaces
3
Parking Total
3
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
48 Feet
Lot Depth
49 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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