Header
logo
STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

  Email Us

CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


Become A Member
Name:
Email:
Phone:
Address:
Short Message:
Subscribe me:
Security Code:

header

$899,000
Available - For Sale
Listing ID: X13681744
7.8 NET CAP RATE | $78,000 GROSS ANNUAL INCOME | TURN-KEY DUPLEX. An exceptional investment opportunity offering a strong 7.8 net cap rate, this recently updated duplex generates $78,000 in annual gross rental income and is ideally located just steps from the downtown core and within easy walking distance to Queen's University. Each spacious unit features four bedrooms, large principal rooms, and in-suite laundry, creating a highly desirable rental offering in a proven student and professional rental location. The well-maintained property offers parking for three vehicles, with additional upside potential through the monetization of the parking spaces. New leases are in place through the end of April 2027(with the high possibility of both units renewing), providing investors with stable, secured income and immediate cash-flow potential. The current owners have enjoyed zero vacancy throughout their ownership, highlighting the property's strong tenant demand and desirable location. Additional recent improvements include a new roof installed in 2024 as well as new laundry/bathroom 2026. With a 7.8 NET CAP RATE, established rental income, secured tenancy, zero vacancy history, and further potential to increase revenue, this is a compelling turn-key investment opportunity for investors seeking strong, reliable cash flow. Unit 1 $3200/month plus tenants pay for utilities, Unit 2 $3300/month and tenants pay for utilities.
Price $899,000
Taxes: $5,731.41
Occupancy by: Tenant
Address: 380 Barrie Street , Kingston, K7K 3T4, Frontenac
Directions/Cross Streets: colborne
Rooms: 15
Bedrooms: 8
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Bedroom 8.66 12.60
Room 2: Ground Bedroom 2 8.59 10.82
Room 3: Ground Bedroom 3 14.50 8.59
Room 4: Ground Bedroom 4 12.82 8.66
Room 5: Ground Kitchen 16.99 12.33
Room 6: Ground Living Ro 20.34 14.33
Room 7: Second Bedroom 8.99 14.01
Room 8: Second Bedroom 2 8.99 12.99
Room 9: Second Bedroom 3 8.76 9.91
Room 10: Second Bedroom 4 9.68 9.91
Room 11: Second Kitchen 14.17 10.99
Room 12: Second Living Ro 46.48 38.54
Room 13: Ground Powder Ro 4.99 2.98 2 Pc Bath
Room 14: Ground Bathroom 4.99 6.00 4 Pc Bath
Room 15: Ground Bathroom 11.68 5.51 2 Pc Bath
No. of Pieces Level
Washroom 1:  2 Ground
Washroom 2:  4 Ground
Washroom 3:  3 Second
Washroom 4:  4 Second
Washroom 5:  0
Washroom 6:  2 Ground
Washroom 7:  4 Ground
Washroom 8:  3 Second
Washroom 9:  4 Second
Washroom 10:  0
Washroom 11:  2 Ground
Washroom 12:  4 Ground
Washroom 13:  3 Second
Washroom 14:  4 Second
Washroom 15:  0
Washroom 16:  2 Ground
Washroom 17:  4 Ground
Washroom 18:  3 Second
Washroom 19:  4 Second
Washroom 20:  0
Washroom 21:  2 Ground
Washroom 22:  4 Ground
Washroom 23:  2 Ground
Washroom 24:  4 Second
Washroom 25:  3 Second
Washroom 26:  2 Ground
Washroom 27:  4 Ground
Washroom 28:  2 Ground
Washroom 29:  4 Second
Washroom 30:  3 Second
Washroom 31:  2 Ground
Washroom 32:  4 Ground
Washroom 33:  2 Ground
Washroom 34:  4 Second
Washroom 35:  3 Second
Washroom 36:  2 Ground
Washroom 37:  4 Ground
Washroom 38:  2 Ground
Washroom 39:  4 Second
Washroom 40:  3 Second
Washroom 41:  2 Ground
Washroom 42:  4 Ground
Washroom 43:  2 Ground
Washroom 44:  4 Second
Washroom 45:  3 Second
Washroom 46:  2 Ground
Washroom 47:  4 Ground
Washroom 48:  2 Ground
Washroom 49:  4 Second
Washroom 50:  3 Second
Washroom 51:  2 Ground
Washroom 52:  4 Ground
Washroom 53:  2 Ground
Washroom 54:  4 Second
Washroom 55:  3 Second
Property Type: Duplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

380 Barrie Street , Kingston, K7K 3T4, Frontenac

Personal Picture
Stan Khurana
Sales Representative
Dir:
6473836000
Bus:
905-883-1988

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Duplex
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style: 2-Storey
Lot Size: x 74.00(Feet)
Approximate Age:
Tax: $5,731.41
Maintenance Fee: $0
Beds: 8
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.