Welcome to 251 Yonge Street-an exceptional turn-key investment opportunity in one of Kingston's most desirable student rental locations. Backing directly onto Queen's University West Campus, this well-maintained six-bedroom home offers the location, layout, and income potential that investors are looking for. Better yet, the property is currently leased through August 31, 2027, providing immediate, reliable rental income from day one.The home features a practical floor plan designed for shared living, with five generously sized bedrooms and a three-piece bathroom on the second floor, plus a sixth bedroom and an additional three-piece bathroom on the main level. Spacious common areas include a bright living room, dining area, and functional kitchen, creating comfortable spaces for students to gather and relax.The property has been well cared for and is equipped with a high-efficiency natural gas furnace and central air conditioning, ensuring year-round comfort. An unfinished basement provides excellent storage and offers potential for future value-added improvements.Situated on an impressive lot backing directly onto Queen's University West Campus, students enjoy the rare convenience of walking through the backyard for quick access to classes-a feature that consistently enhances the property's rental appeal. With parking for multiple vehicles and close proximity to transit, shopping, restaurants, and everyday amenities, this is an outstanding opportunity to acquire a fully leased investment property in one of Kingston's most sought-after student rental locations.
Address
251 Yonge Street
List Price
$699,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Kingston
Sub-Area
18 - Central City West
Region
Frontenac
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
11
Rooms Below Grade
2
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
185.45
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
58.74
Parcel Number
360170010
Occupant Type
Tenant
Cross Street
Union Street and Yonge Street
Approx. Age
31 - 50 Years
MLS® Number
X13512090
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Basement Area
Full, Partially Finished
Postal Code
K7M 1G2
Posession Details
Flexible
Parking
Available, Private
Parking Places (Total)
5
Parking Spaces
5
Tax Amount
$5,353.66
Tax Year
2025
Site Influences
Beach, Deck, Hospital, Lake Access, Porch, Privacy, Public Transit, School, School Bus Route
Exterior Features
Deck, Privacy, Porch
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Property Features
Beach, Hospital, Lake Access, Public Transit, School, School Bus Route
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 19 E/S YONGE ST & N/S UNION ST PL 54 KINGSTON CITY; KINGSTON ; THE COUNTY OF FRONTENAC
Security Features
Carbon Monoxide Detectors, Smoke Detector
Topography
Dry, Flat
View Type
City, Trees/Woods
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Bathroom | 3.06 x 2.42 | 3 Pc Bath |
| Main | Foyer | 2.65 x 1.87 | |
| Main | Kitchen | 3.04 x 5.81 | |
| Main | Living Room | 3.39 x 5.19 | |
| Main | Primary Bedroom | 3.28 x 3.45 | |
| Second | Bathroom | 3.05 x 2.4 | 3 Pc Bath |
| Main | Bedroom | 2.79 x 2.79 | |
| Main | Bedroom | 2.79 x 2.79 | |
| Main | Bedroom | 3.61 x 3.35 | |
| Main | Bedroom | 2.73 x 3.27 | |
| Main | Bedroom | 2.73 x 3.16 | |
| Main | Laundry | 6.38 x 2.32 | |
| Main | Other | 6.38 x 7.84 |