Kingston - 22 - East of Sir John A. Blvd
Kingston - 22 - East of Sir John A. Blvd
Listed For $799,000
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Approximately 7 years old, slab on grade. The main level 2 bedroom in-law suite is rented at $1600/month from Sept 2022 to Aug 2023, 2nd level is a large open kitchen and living room with access to the rear deck, 2 large bedrooms + 3pc bath and laundry closet, the 3rd level is 4 more bedroom + two 3 pc baths. The 6 bedrooms are rented from Sept 1st, 2022 to Aug 2023 for $4500 per month inclusive. Total average utilities as provided by Utilities Kingston for the last 12 months is $360/month including gas, water-sewer, HWT rental, hst. $4320/ year other expenses included insurance $2000/year, municipal taxes $6400/allowance for repair-maintenance $1000 year total expenses $13,720. Gross income 100% rented is $6100/mth $73,200 /year less expenses as noted above = NOI $59,480
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