House For Sale - 550 Brock Street, Kingston, ON

Description

Investor Alert & Queen’s University Parent Opportunity – Let’s Make a Deal!

Exceptionally well-maintained investment property located within very close walking distance to Queen's University — a perfect turn-key rental opportunity or ideal housing solution for Queen’s parents seeking safe, reliable, and convenient accommodation for their children, all within a 10-minute walk to campus.

As a condition of sale, the current owner (a final-year Queen’s student) will remain in the home until April 30, 2027, and will lease the property back from the new owner from the closing date through to the vacate date. Property will be guaranteed vacant and free of tenants after April 30, 2027.

This spacious home offers 6 bedrooms — 3 upstairs, 1 on the main level, and 2 below grade, both with windows and excellent natural light — along with bathrooms conveniently located on each level.

Numerous updates include:

Brand new high-efficiency gas furnace (April 2026)
Re-glazed tub (2025)
New fridge, dishawasher and stove (2025)
Completely gutted and renovated kitchen (2020)

Enjoy a functional backyard perfect for BBQs and entertaining, with added convenience from a convenience store directly across the street, beautiful Victoria Park just 100 metres away, easy access to downtown, and a location directly on the bus route servicing St. Lawrence College students.

Excellent Income Potential:
Potential to operate as a 6-bedroom student rental close to campus.

Bonus Additional Income:
The property includes solar panels installed on the south-facing roof with an assignable MicroFIT contract, generating approximately $4,500/year in additional income through power sold back to the Ontario electrical grid. Existing contract and rate are assignable to the new owner until 2032.

This is an FSBO listing, and the student owner is willing to pay part commission to a buyer’s agent. Buyers and buyer agents are encouraged to verify all measurements and information provided in this listing.

Bring your offer — motivated seller!