512 Johnson Street, Kingston, ON K7L 1Z8
Kingston
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 512 Johnson Street, Kingston, ON K7L 1Z8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13425808
Listed by KELLER WILLIAMS INSPIRE REALTY, BROKERAGE
On market since Jun 10, 2026
512 Johnson Street, Kingston, ON K7L 1Z8 is listed for $1,099,000 CAD.
512 Johnson Street, Kingston, ON K7L 1Z8 has 6 bedrooms and 2 bathrooms.
512 Johnson Street, Kingston, ON K7L 1Z8 is a Detached.
512 Johnson Street, Kingston, ON K7L 1Z8 is in Kingston, Ontario.
512 Johnson Street, Kingston, ON K7L 1Z8 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 512 Johnson Street, Kingston, ON K7L 1Z8 (MLS# X13425808). You can also send a message through the contact form on this site.
