357-359 Johnson Street

If you're on the lookout for a fantastic investment opportunity, then look no further than this Multi-Family Home for sale in Kingston ! Nestled at 357-359 Johnson Street, Kingston, this spacious side-by-side semi-detached property is a real gem. With its prime location between Aberdeen and Division, you're right in the heart of the bustling Central City East community, making it a desirable spot for potential renters.

This impressive multiplex boasts a generous total of 14 bedrooms, spread across two units, each featuring 7 bedrooms. That's right – 14 bedrooms in total! Alongside these ample sleeping quarters, there are 4 full bathrooms, ensuring that everyone has their own space when it comes to getting ready in the morning. And let's not forget about the two kitchens; each unit comes equipped with its own kitchen, making meal preparation a breeze. With a total of 22 rooms, this Multi-Family Home for sale in Kingston offers plenty of space for communal living or even the possibility of converting it into individual rental units.

The exterior of the property is clad in a combination of vinyl and aluminium siding, giving it a modern yet durable look. Although it’s a 100+ year-old building, it has been well-maintained and offers a unique character that newer constructions simply can't match. The lot measures a generous 37 by 102 feet, providing ample outdoor space for activities or even potential landscaping projects. However, it’s worth noting that there is no garage space available, and the property does not come with a pool or fireplace. But with a single parking space available, you won’t have to worry about finding a spot for your car.

As for amenities, this Multi-Family Home for sale in Kingston is equipped with municipal water and sewer services, which is a huge plus for any property owner. While there is no central air conditioning or heating system, the layout and design of the building allow for plenty of natural ventilation, keeping the space comfortable throughout the year. Internet connectivity is available, making it ideal for students or professionals who require a reliable online connection.

The unfinished basement offers a blank canvas for those looking to add their personal touch or perhaps even create additional living space. Whether you envision a communal lounge area, extra storage, or even a laundry room, the possibilities are endless. Just keep in mind that this property is being sold unfurnished, allowing you the freedom to furnish it to your taste.

Situated just a stone's throw away from Queen's University, the local hospital, and various shopping areas, the location of 357-359 Johnson Street, Kingston, is simply unbeatable. This makes it a hot spot for renters, particularly students and young professionals seeking convenience and accessibility. With only one property tax bill to manage, and two separate PIN numbers for each unit, this setup is ideal for investors looking to maximise their returns.

In conclusion, if you're searching for a Multi-Family Home for sale in Kingston that offers both space and potential, then look no further than this property at 357-359 Johnson Street, Kingston. With its impressive features, prime location, and investment potential, this is a rare find that you won’t want to miss. Whether you're an experienced investor or just starting out, this property has everything you need to make a smart investment in the vibrant community of Central City East. Don’t let this opportunity slip through your fingers – get in touch today!

Central City East, located in the vibrant heart of Kingston, is a dynamic and diverse neighbourhood that offers a unique blend of urban living and local charm. Characterised by its mix of residential and commercial spaces, the area is bustling with activity, featuring an array of shops, cafes, and cultural attractions. The community is well-connected by public transport, making it easy to explore the wider city. With its rich history, beautiful parks, and a strong sense of local identity, Central City East provides an inviting atmosphere for potential residents looking to immerse themselves in Kingston's lively urban landscape. Whether you’re drawn to its eclectic architecture or the friendly vibe of its streets, this area promises a fulfilling and engaging lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. The closest option is Sydenham Public School, just 0.3 km away, offering both English and French instruction for grades JK to 8, with a solid school rating of 6.9. For secondary education, Loyalist Collegiate and Vocational Institute is 2.4 km from the property, providing grades 9 to 12, though it has a lower rating of 4.1. Another nearby secondary school is Kingston Secondary School, located 2.6 km away, which offers French instruction but currently has a rating of 0. Families seeking a Catholic education will find St. Thomas More Catholic School, 2.5 km away, with a rating of 4.5 for grades K to 8, and Regiopolis Notre Dame Catholic High School, 1.4 km away, rated at 6.2 for grades 9 to 12. Additionally, Ecole catholique cathedrale, only 0.1 km from the property, offers French instruction for grades K to 8, although it has not been rated. Overall, this area boasts a diverse selection of schools, making it an appealing choice for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 551 residents, with an average household size of 1.9 individuals. The demographic is predominantly young, with an average age of 27.2 years. The average household income stands at $60,800, but a significant portion of the population, 32.8%, is classified as low-income. A notable 77.36% of the residents are single, and only 15.38% of households include children, indicating a focus on younger, possibly transient residents. The rental market is robust, with 94% of residents renting their homes, while only 4% own condos. Educational attainment is relatively high, with nearly half (47.47%) of the population holding a college or university degree. Additionally, 7.48% of the residents are immigrants, contributing to the area's diversity. However, a considerable 32.32% of the population is not actively participating in the labor force, which may reflect the area's demographic characteristics. Overall, this community is characterized by its youthful, predominantly single residents, high rental rates, and a significant percentage of low-income households, making it a unique environment for potential investment or residence.