About this property

Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026. A new owner will have the opportunity to rent at a higher rate. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12680026
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Beds / Baths	5 bed · 2 bath
Neighbourhood	14 - Central City East
City	Kingston
Postal Code	K7L 3W9
Province	ON
Listed Date	January 9, 2026
Brokerage	RE/MAX RISE EXECUTIVES, BROKERAGE