22 Concession St
Kingston, K7K 2A4
FOR SALE
$449,900
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4
BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSX9370860
MLSIDContact Us
Property Description
Attention investors! If you are looking for a turn-key property that is fully tenanted and cash flow positive you are in the right spot. This legal non-conforming duplex is ready for its new owner. Just minutes to downtown and easy access to public transit, the location makes it very easy to keep the units rented. With the added convenience of schools, parks and a public market nearby it is hard to find a more convenient location in this price range. Currently rented for $1500 + utilities for the main floor unit and an additional $1700 + utilities for the upstairs unit each with their own entrance. Dont worry about struggling to find tenants for your investment properties as these units have been rented consistently without issue in this central location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-08-01 | 2023-10-31 | 91 | $474,900 | - | Expired |
| 2023-07-11 | 2023-07-30 | 19 | $499,900 | - | Terminated |
| 2024-08-15 | 2024-09-27 | 43 | $499,900 | - | Terminated |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-11-03 | 2023-12-31 | 58 | $474,900 | - | Expired |
| 2023-08-01 | 2023-10-31 | 91 | $474,900 | - | Expired |
| 2023-07-11 | 2023-07-30 | 19 | $499,900 | - | Terminated |
Property Features
Park, Public Transit, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
34' x 61'
Acreage
< .50
Fronting
South
Taxes
$2,646 (2024)
Basement
Crawl Space
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 7.84' x 8.92' | |
| Living | Main | 16.40' x 12.34' | |
| Kitchen | Main | 11.42' x 14.50' | |
| Br | Main | 9.32' x 9.84' | |
| Br | Main | 8.76' x 10.01' | |
| Bathroom | Main | 9.32' x 6.82' | 4 Pc Bath |
| Kitchen | 2nd | 13.09' x 11.42' | |
| Family | 2nd | 10.76' x 12.93' | |
| Br | 2nd | 6.56' x 10.50' | |
| Br | 2nd | 9.58' x 10.50' | |
| Bathroom | 2nd | 7.41' x 4.59' | 4 Pc Bath |
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Kingston Market Statistics
Kingston Price Trend
22 Concession St is a 4-bedroom 2-bathroom home listed for sale at $449,900, which is $337,957 (42.9%) lower than the average sold price of $787,857 in the last 30 days (September 28 - October 27). During the last 30 days the average sold price for a 4 bedroom home in Kingston declined by $11,177 (1.4%) compared to the previous 30 day period (August 29 - September 27) and down $87,143 (10.0%) from the same time one year ago.Inventory Change
There were 107 4-bedroom homes listed in Kingston over the last 30 days (September 28 - October 27), which is up 970.0% compared with the previous 30 day period (August 29 - September 27) and up 3,466.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kingston typically sold ($8,653) (1.1%) below asking price over the last 30 days (September 28 - October 27), which represents a $6,241 increase compared to the previous 30 day period (August 29 - September 27) and $0 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Kingston over the last 30 days (September 28 - October 27) stood at 523.4%, down from 2,180.0% over the previous 30 days (August 29 - September 27) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Kingston stood at 18 days when successfully sold over the last 30 days (September 28 - October 27), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
Similar Listings
All brick legal duplex with amazing income potential in the highly desirable Kings court area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage and parking pad in the front for 2 cars. Current income $43k+, potential income $55k+ with positive cash flow - $60k+ as a student rental! Property needs work but a great investment opportunity with excellent value add potential!
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