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$585,000 List $599,900 Sold
Sold on: 01/10/2024 30 Days on market
19 WOLFE Street
· 3+1
· 2
· 0
· -
Listing History
Buy/Sell/Terminated/Expired listing history for 19 WOLFE Street
Key Facts
Key facts for 19 WOLFE Street
Property Type
House, 1 1/2 Storey
Parking
Outside/Surface 0 garage, 4 parking
MLS #
X9024295
Size
-
Basement
Finished
Listed on
2023-12-11
Lot size
55 x 131.0
Tax
$4,785.80 /yr
Days on Market
30
Approximate Age
51-99
Maintenance Fee
-
Description
This remarkable property presents a unique blend of versatility and convenience, making it an ideal choice for various living arrangements. Perfect as a single-family home, it offers ample space for the entire family, complemented by an awesome backyard, ensuring a comfortable and enjoyable living e...xperience. Strategically situated between Union St and Johnson St, the property lies in the sweet spot between Queen's University's main and west campuses. This prime location allows easy access to both campuses, whether by walking, biking, busing, or driving, making it an excellent option for university attendees. Additionally, its proximity to the Kingston Centre and downtown area ensures that grocery stores and all other amenities are just a stone's throw away. For those looking at investment opportunities, the property currently functions as a 2-Unit Home. This setup offers flexibility: you can opt to live in one unit while renting out the other, effectively offsetting your mortgage. Alternatively, it can be a straight investment, renting out both units. The estimated market rents for each unit stand at $2,600 per month, projecting a total potential revenue of $5,200 per month. Unit 1, at the front, is freshly vacant and ready for new occupants, while Unit 2, located at the rear, is currently occupied on a month-to-month basis at $1,640 per month. For those wishing to owner-occupy the home, a minimum of two months' notice is required for vacant possession, should it be needed for themselves or an immediate family member. This property is not just a dwelling; it's an investment that promises ease and profitability. With no additional work required, you can simply move in and start reaping the benefits of this versatile and well-maintained investment.
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Courtesy of: MacInnis Realty Inc., Brokerage