For Sale

135 Nelson Street, Kingston, Ontario K7L 3W9

$789,000

135 Nelson Street, Kingston, Ontario K7L 3W9 is For Sale and has a listing price of 789,000. The property is located in the Kingston . It's been on the website for 8 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12577974
  • Office Name RE/MAX RISE EXECUTIVES, BROKERAGE
Property Description

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 and an option to renew. 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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12577974
  • Price: $789,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132
  • Ref ID: X12577974
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Princess Street
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/26/2025 X12577974 $789,000 For Sale - -
07/02/2025 X12255852 $829,000 For Sale 08/19/2025 -
06/05/2025 X12197979 $849,000 For Sale 07/02/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kingston
  • $823,197 Average List Price
    based on 1 year
  • 120 New Listings
    based on 30 days
  • 57 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.16 % Up
  • Sold (12mo) 1,085
  • Rented (12mo) 61

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 3
  • Exterior Vinyl Siding
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 2: 1
  • Taxes: $4,711
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 26/11/2025 14:42:03
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