608 Bagot Street Kingston, Ontario K7K 3E5

5 Bedroom 2 Bathroom 1650 sqft
Central Air Conditioning Forced Air


A downtown up-and-down Inner Harbour legal duplex with the utilities all nicely separated. A freshly renovated (it's really quite brilliant) three-bedroom ground floor unit is vacant and ready to go. Up above is a good two-bedroom unit also vacant. Both have their own furnace and AC systems. This spacious detached property is in fine condition with maintenance-free vinyl siding, as well as ample parking and outdoor space. The downtown core is a twelve-minute stroll, Doug Fluhrer Park and the waterfront is not even five minutes away, and The Elm Cafe is closer than your own kitchen. It seems an unusually fine investment to me, offering the opportunity to set your own rents or live inexpensively in one of the city's most thrilling neighbourhoods. Conservative rents would be $2000 + on the main floor and $1300 + upstairs. 2023 taxes of $4493 and insurance of approximately $1400 per year suggest an NOI of 33,707 and a very healthy CAP rate of 6.2%. (id:48714)

Property Details

MLS® Number 40596535
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Schools, Shopping
Community Features Quiet Area
Features Paved Driveway
Parking Space Total 4


Bathroom Total 2
Bedrooms Total 5
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1900
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1650 Sqft
Type Duplex
Utility Water Municipal Water


Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 106 Ft
Size Frontage 39 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ur5



Contact us for more information

Generating Captcha

Your Favourites


No Favourites Found