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290 Westdale Avenue Kingston, Ontario K7L 4S7

27 Bedroom 15 Bathroom 14000
None Baseboard Heaters

$3,100,000

Wonderful 15 Unit Apartment Building for sale on Westdale Avenue just south of Princess by the Kingston Centre. Building features a large rooftop deck for tenants to enjoy. Suites include 3 - 1 bedroom units and 12 - 2 bedroom units. All units consist of a large living room, kitchen, entrance, 4 piece bath, and bedroom(s). Each with their own electric baseboard heating, hot water tanks, electric panel, and separate heating controls. All the units are leased with current tenants with an income of $170,940/year. A variety of unit styles and updates with some units including a balcony or a porch! Additional income potential from 3 large storage units and coin laundry with 2 washers/2 dryers approx $3600/year, 16 parking spaces $8400/year. Roof membrane on the main building installed in 2014 and the front section had shingles replaced in 2018. Fire code compliant (June 8, 2021). The building has been professionally managed for 30 years by Panadew Property Management. This property is in a great location! Very transit friendly, walking distance to Queen's University, Downtown Kingston, Kingston Centre, schools, and parks. (id:29438)

Property Details

MLS® Number 40171110
Property Type Multi-family
Neigbourhood Sunnyside
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features Community Centre, School Bus
Equipment Type Other
Features Park/reserve, Paved Driveway, Laundry- Coin Operated
Parking Space Total 16
Rental Equipment Type Other

Building

Bathroom Total 15
Bedrooms Total 27
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1986
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Concrete, Stucco, Steel
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 14000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 166 Ft
Size Frontage 80 Ft
Size Irregular 0.309
Size Total 0.309 Ac|under 1/2 Acre
Size Total Text 0.309 Ac|under 1/2 Acre
Zoning Description B3

Utilities

Cable Available
DSL* Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/23684200/290-westdale-avenue-kingston

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