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Two unit, 7 Bedroom Rental Investment Property For Sale located in a high demand rental area steps from Queens University Main Campus, Downtown Kingston, KGH and all amenities. 206 Bagot Street consists of a 2 bed/1 bath unit and a 5 bed/2 bath unit, both fully leased at market rents. Well capitalized and cared for throughout current ownership. Ability for parent buyer take possession of a unit. Currently professionally maintained and managed by Axon Property Management.
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30 Year , 3.99% interest


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Welcome to this exceptional Multi-Family Home for sale in Kingston , located at 206 Bagot Street, Kingston. This impressive property is situated in a highly sought-after rental area, just a stone's throw from Queen's University Main Campus, Downtown Kingston, Kingston General Hospital (KGH), and a plethora of amenities. With its prime location and robust rental potential, this property presents a fantastic opportunity for investors or families looking to secure a residence in a vibrant community.
This delightful multiplex, featuring a sturdy brick exterior, is designed as a three-storey building and offers a total of 13 rooms, including an impressive seven bedrooms. The layout consists of two distinct units: a two-bedroom, one-bathroom unit and a larger five-bedroom, two-bathroom unit. Both units are fully leased at market rents, making this Multi-Family Home for sale in Kingston a lucrative investment. The property has been well maintained and cared for under current ownership, ensuring that it remains in excellent condition for future tenants or owners.
At 206 Bagot Street, Kingston, you will find that the property boasts two kitchens, providing ample space for cooking and entertaining. However, there is no additional kitchen, which may be a consideration for those looking to expand culinary options. The bathrooms are well appointed, with a total of three across the two units, catering to the needs of tenants and guests alike. The absence of a den and family room means that the living spaces are focused on the bedrooms and kitchens, making this a practical choice for rental purposes.
In terms of climate control, the property does not feature air conditioning, but it is equipped with a radiant heating system, ensuring warmth during the colder months. While there is no central vacuum system, and the property is unfurnished, this allows new owners the flexibility to personalise their living space according to their tastes and preferences. The unfinished basement offers additional potential for storage or future development, while the municipal water and sewer services add convenience to daily living.
The lot size measures 24 by 58 feet, providing a manageable outdoor space without the burden of extensive upkeep. Unfortunately, there is no garage or designated parking space, and the property does not come with a driveway. However, the central location means that residents can easily access public transport and local amenities, making this Multi-Family Home for sale in Kingston an ideal choice for those who prioritise convenience and accessibility.
Moreover, the property benefits from internet connectivity, which is essential for modern living, especially for students and professionals. The absence of a pool and fireplace may be seen as drawbacks for some, but the focus on rental viability and the property's overall condition makes it a compelling option for investors. The current management by Axon Property Management ensures that the property is professionally maintained, providing peace of mind for potential buyers.
In summary, 206 Bagot Street, Kingston, is a remarkable Multi-Family Home for sale in Kingston, offering an attractive investment opportunity in a thriving area. With its seven bedrooms, two kitchens, and well-maintained units, this property is perfectly positioned to meet the demands of the rental market. Whether you are an investor seeking a solid return or a parent looking to secure accommodation for your child at university, this property is worth considering. Don't miss your chance to explore this Multi-Family Home for sale in Kingston and discover all that it has to offer!
Central City East, located in the vibrant heart of Kingston, offers a unique blend of urban living and local charm. This area is characterised by its eclectic mix of residential buildings, shops, and cultural venues, all within easy reach of the city’s amenities. The streets are lined with a variety of eateries, from cosy cafés to bustling restaurants, catering to diverse tastes. Central City East is well-connected by public transport, making it convenient for commuting and exploring the wider Kingston area. With its lively atmosphere and a sense of community spirit, this neighbourhood is an inviting place for those seeking a dynamic urban lifestyle.
This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Sydenham Public School, just 0.4 km away, offering both English and French language instruction for grades JK to 8, with a respectable school rating of 6.9. For secondary education, Kingston Secondary School is located 2.9 km from the property, although it currently has a school rating of 0. Alternatively, St. Thomas More Catholic School, 3.1 km away, provides Catholic education for grades K to 8 with a rating of 4.5. For high school, Regiopolis Notre Dame Catholic High School is 1.7 km away, rated 6.2, and offers both English and French programs for grades 9 to 12. Additionally, Ecole catholique cathedrale, also 0.5 km from the property, offers French language instruction for grades K to 8 but has a school rating of 0. Overall, the area boasts a mix of public and Catholic schools, catering to diverse educational needs, with a range of distances and ratings to consider.
The demographic profile of the area surrounding the property reveals a small population of 554 residents, characterized by an average household size of 1.8 individuals. The community is relatively young, with an average age of 32.7 years. The average household income stands at $93,000, although a notable 23.2% of the population falls within the low-income bracket. The housing market reflects high property values, with an average price of $1,000,000. The area has a significant proportion of single individuals, making up 68.27% of the population, while 33.33% of households include children. Immigrants represent 14.66% of the community, contributing to its diversity. The rental market is prominent, with 88.89% of residents renting their homes, and there are no condominiums available in the area. Educational attainment is high, with 75.47% of residents holding a college or university degree. However, 23.58% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this demographic snapshot highlights a vibrant, educated community with a mix of families and singles, alongside significant rental demand and high property values.
This property features 3 bathroom(s) and 7 bedroom(s).
This Duplex property does not have an additional bedroom or a den.
The total square footage of this Duplex 7 bed property in Kingston is 2000 - 2500.
There are no parking spaces available with this property.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Unfinished basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 2 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Radiant.
Information about utilities is not available.
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