231 Brock ST Active

Kingston,ON K7L 1S3

$ 1195000

- Bed

- Bath

2597 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,597 sqft

Price per Sqft $460

MLS Listing ID X11825263

Annual Tax Amount $8,354

Tax Year 2024

Property Description

Don't miss this exceptional investment opportunity located at 231 Brock Street! This clean and tidy fourplex with four well-appointed one-bedroom apartments is well cared for and strategically located just a short walk from Queen's University, Hotel Dieu Hospital and KGH. The property's proximity to these institutions provides strong rental demand from a mature student population, making it a secure investment with consistent cash flow. Additionally, its proximity to Downtown Kingston's vibrant amenities enhances its appeal, attracting tenants who value both convenience and lifestyle. This property is not just a real estate investment; it's a gateway to tapping into Kingston's thriving student rental market and experiencing steady, long-term returns. At the rear of the property is parking for 8 vehicles (parked 4 x 2 in tandem) which has been consistently rented to Hotel Dieu Hospital doctors and staff. The neighbouring property known as 233 Brock Street is also available and listed for sale. Building area stated includes interior ground floor, second floor, and unfinished attic (excludes unfinished basement).

Location

Province ON

County Frontenac

Community Central City East

Area Frontenac

Zoning DT1-L448

Interior

Cooling Yes

Exterior

Utilities Available Yes

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