512 Johnson Street

ActiveKingston · 14 - Central City East57 days on marketMLS® X13425808
$1,099,000
$733 / sq ft
Bedrooms6
Bathrooms2
Interior1,500 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market57

About this property

Welcome to a premium investment opportunity in the heart of downtown Kingston, in one of Canada's most resilient student housing markets! This home is just a 5-minute walk to Queen's University and is a turnkey, low-maintenance asset, featuring 6 bedrooms, 2 bathrooms + 2 rare downtown parking spots. Enjoy peace of mind with significant recent updates, including a brand-new furnace, modern flooring, updated wall finishes, bathroom showers and vanities, a new kitchen countertop/sink, updated lighting, and fresh paint throughout. This home is equipped with new stainless-steel kitchen appliances, including 2 refrigerators. New windows have been ordered and are scheduled for installation at the end of June 2026-fully paid for and completed for the new owner. Current Income: The property is fully leased through April 30, 2027, generating $63,000 annually ($875 per bedroom/month). Tenants are responsible for all utilities, providing predictable cash flow with minimal landlord expenses. Built-In Upside: Current rents are below market, and parking is not currently being charged. There is clear opportunity to substantially increase income through future rent adjustments and the introduction of parking fees.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13425808
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size1,500 sq ft
Beds / Baths6 bed · 2 bath
Neighbourhood14 - Central City East
CityKingston
Postal CodeK7L 1Z8
ProvinceON
Listed DateJune 10, 2026
Days on Market57
Price per Sq Ft$733
BrokerageKELLER WILLIAMS INSPIRE REALTY, BROKERAGE

Location

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Listed by KELLER WILLIAMS INSPIRE REALTY, BROKERAGE