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Ivan Gascho

[email protected] +1(519) 573-7440

$ 849,000

Est. payment -/mo

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135 Nelson ST Kingston, ON K7L 3W9

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 14 - Central City East

MLS Listing ID X12197979

Style 2-Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $4,711

Tax Year 2025

Property Sub-Type Detached

Property Description

Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, added grading to improve drainage, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district.

Location

Province ON

County Frontenac

Community 14 - Central City East

Area Frontenac

Rooms

Family Room No

Basement Unfinished

Kitchen 1

Interior

Interior Features Primary Bedroom - Main Floor

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 132.0

Total Parking Spaces 3

Building

Foundation Stone

Others

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

135 Nelson ST Kingston, ON K7L 3W9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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135 Nelson ST