579 Macdonnell Street
22 - East of Sir John A. Blvd, Kingston, K7K 4W9
FOR SALE
$495,000
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3 + 3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS11
ROOMSX12639710
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Property Description
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate 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 as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!
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Property Features
Rec./Commun.Centre, Public Transit, Park, School, Separate Hydro Meter, Water Heater, Mutual
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Property Details
Address
579 Macdonnell Street
Community
City
Postal Code
K7K 4W9
Property Type
Detached, Detached
Days On Market
83
Lot Size
33' x 112'
Taxes
$3,666 (2024
Basement
Separate Entrance, Apartment
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with North 2 South Realty
Fantastic opportunity to own a spacious 4 bedroom, 2 bathroom carpet-free family home in the Kingscourt neighbourhood. Ideally located close to downtown, shopping and schools - perfect for first-time buyers or growing families. This property sits in a nice lot featuring a detached garage with hydro, plenty of parking and a large covered front step with ramp. A full basement provides excellent potential for additional living space, recreation or storage.
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This detached 3+1 bedroom, 2-bath raised bungalow is located at the end of a quiet cul-de-sac in Kingston's west end on a larger-than-typical city lot. The main level includes three bedrooms with parquet flooring and an attached single-car garage. The lower level features an additional bedroom, a large recreation room, an office, and a 4-piece bathroom, with a separate rear entrance that could support an additional rental suite or separate living space. The oversized lot provides ample backyard space, offering flexibility for outdoor use and building opportunities.
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Looking to get into home ownership without breaking the bank while building your sweat equity? This deceiving large elevated bungalow with triple car garage might be just the opportunity you've been waiting for. Proudly owned by one family for nearly 30 years, this home has great potential and with its handy county location and scenic surroundings. The fundamentals are solid and the possibilities are exciting. The main level offers a large livingroom, eat-in kitchen and a rear family room, plus 4 bedrooms, 1.5 bathrooms (primary bedroom offers an ensuite) den, mudroom and storage. The full partly finished basement houses more bedrooms, rec room and additional "flex" rooms. Updated main bath in 2020, gas furnace and A/C in 2008, HWT in 2025, updated water equipment (2024) and more. Situated on a 1/2 acre fenced lot with multiple sheds and even a animal/pet coop. Whether you're a young family, a first-time buyer ready to build equity and personalize your space or the investor, this home is full of promise. This is your chance to get into the market with a home that's truly worth a look. Being sold in AS IS condition.
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