237-239 BROCK ST Pending

Kingston,ON K7L 1S4

$ 1599900

- Bed

- Bath

4681 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 4,681 sqft

Price per Sqft $341

MLS Listing ID X9514585

Annual Tax Amount $18,404

Tax Year 2024

Property Description

There is a fantastic investment opportunity in this versatile downtown property that is ideally located across from Hotel Dieu, one block South of Princess Street, and close to downtown shops and waterfront. 237-239 Brock is a character-filled 19th century building, with high ceilings and elegant central rooms, that has been in the same family for 40 years. It was extensively and well renovated in the 1990s to create 6 units with features such as custom millwork, crystal doorknobs, handmade Portuguese decorative tiles, and well laid out rooms. Many rooms also feature original flooring, baseboards, trim, and doors as well as handcrafted built-ins.
The property is currently configured as 5 residential units and 1 commercial space (owner occupied) but could easily be converted to 6 residential units. The commercial space is currently owner occupied and includes a large main floor unit with a full bathroom, ~1500 sq. ft. of basement space with great potential, ~200 sq. ft. sunroom, and ~370 sq. ft. garage/workshop. Each residential unit has been upgraded to include modern conveniences without losing the charm of the units, including in suite laundry, air-conditioning, and dishwashers in each unit. There is ample parking with 7 spots (with potential for one more tandem space on the East side), 4 of which sit in a covered carport. The building also features a recently upgraded patio/seating area for tenants. Tenants often cite the combination of historical beauty, modern convenience, and fantastic location as being a rare find in Kingston.
Currently occupied by a mix of responsible graduate students and professionals, this property is in great condition with strong rental income as well as opportunity for personal use or to select new tenants in two spaces.
Notes: newer plumbing and wiring - please see inspection report.
Offers will be presented on November 5th. Financials available upon request.

Location

State ON

County Frontenac

Community Public Transit,Park

Area Central City East

Rooms

Kitchen 0

Ensuite Laundry Ensuite

Interior

Interior Features Upgraded Insulation,Sump Pump

Laundry Location Ensuite

Cooling Wall Unit(s)

Fireplace No

Exterior

Exterior Feature Controlled Entry,Lighting

Garage Spaces 8.0

Pool None

Community Features Public Transit,Park

Utilities Available Unknown

Waterfront No

Roof Type Metal,Asphalt Shingle

Parking Type Outside/Surface

Total Parking Spaces 8

Building

Unit Features Hospital

Foundation Stone

New Construction false

Others

Security Features Unknown

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