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About the Listing 470700 -
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Primary Bedroom - Main Floor
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Deck
- Sewer: Sewer
- Parking Features: Private
Financial Details
- Tax Amount: $4,711
- Taxes w/Assessments: N/A
- Tax/Property ID: 360260154
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
135 Nelson St Kingston, ON K7L 3W9
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