$1,150,000
Available - For Sale
Listing ID: X11969489
166 Queen St , Kingston, K7K 1B1, Ontario
| Welcome to 166 Queen St. This charming licensed Short Term Rental AIRBNB offers numerous opportunities for investors, entrepreneurs, homeowners, and developers. Located in the heart of downtown Kingston, just 2 blocks from the waterfront, this well-maintained and well-appointed property is a fantastic buy. It features a prime location, excellent office space potential, and multiple suites. This downtown Kingston property offers three separate suites run your business, live in one suite, and rent the other, or rent them all for amazing value. The main floor contains three spacious offices with closets for storage and a 2-piece bathroom. The recently renovated lower level apartment features an open-concept living/dining room, kitchen, and a bedroom with a 4-piece ensuite. The upper level apartment includes a living room with a vaulted ceiling , kitchen, and 3-piece bathroom on the first level, and a large bedroom and 3-piece bathroom on the second level. The private back patio is a quaint courtyard space with beautiful limestone walls, a deck, and garden shed. This property presents a great opportunity to diversify or enhance your investment portfolio, own your office while offsetting costs with rental income, or operate the AIRBNB for income. Enjoy an urban, walkable, eco-friendly lifestyle. According to Walk Score: this property has a "Walk Score of 100 out of 100. This location is a 'Walkers Paradise' so daily errands do not require a car.... with nearby parks including McBurney Park, North Street Hill Park and Boucher Park" and downtown Confederation Park with Confederation Basin Marina, Wolf Island Ferry and all downtown amenities. |
| Price | $1,150,000 |
| Taxes: | $7635.56 |
| Tax Type: | Annual |
| Assessment: | $312000 |
| Assessment Year: | 2024 |
| Occupancy: | Own+Ten |
| Address: | 166 Queen St , Kingston, K7K 1B1, Ontario |
| Postal Code: | K7K 1B1 |
| Province/State: | Ontario |
| Lot Size: | 65.68 x 30.36 (Feet) |
| Directions/Cross Streets: | Queen St./ King St. |
| Category: | Accommodation |
| Building Percentage: | Y |
| Total Area: | 2000.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Business/Building Name: | 166 Queen St. AIRBNB |
| Taxes Expense: | $7500 |
| Insurance Expense: | $2100 |
| Heat Expenses: | $2600 |
| Hydro Expense: | $2600 |
| Other Expenses: | $6000 |
| Operating Expenses: | $23000 |
| Net Income Before Debt: | $14000 |
| Expenses Actual/Estimated: | $Act |
| Heat Type: | Other |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| K B REALTY INC., BROKERAGE |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | East of Sir John A. Blvd |
| Lot Size: | 65.68 x 30.36(Feet) |
| Tax: | $7,635.56 |
| Maintenance Fee: | $2,500 |
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