$579,000
Unlock Price Rating!

378 Barrie Street, Kingston (east Of Sir John A. Blvd), ON K7K3T4

 Contact
5 Beds
2 Baths
- Sq Ft

6.6% Net Cap Rate with Additional Income Upside. An exceptional turnkey investment opportunity with $43, 200 in annual gross rental income and a 6.6% net cap rate, with further potential to increase revenue. The property is currently rented as a 4-bedroom student rental at $3, 600 per month plus tenants pay utilities, with a lease in place until the end of April 2027 with the high possibility of these tenants renewing their leases. Located within walking distance of downtown Kingston and Queen's University, this property benefits from a highly desirable location and consistent demand for student housing. The property has been well maintained and consistently occupied, offering investors immediate income while providing clear upside potential. With the existing four-bedroom configuration generating a 6.6% net cap rate, the opportunity to add rental income through the currently unused bedroom, potential dining-room conversion, and parking space creates the potential for an even stronger return over time. There is meaningful opportunity to increase the property's income beyond the current $43, 200 annual rent. The home includes a fifth, smaller bedroom on the second floor that is not currently being rented, along with the potential to convert the existing dining room into an additional bedroom. There is also one dedicated parking space that could potentially be monetized separately. These opportunities provide investors with several avenues to enhance future rental income with relatively modest improvements. Laundry will be relocated from the lower level to the main level kitchen as a stackable set in the next few weeks. (id:58753)

Listing By: FRANCESCA BLANCK - SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Source: CREA #X13419790 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13419790
  • Date Listed06/09/2026
  • Days on Realty 115 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer, Hood Fan, Water Heater
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Carpet Free

Directions

Cross Streets: queen st. ** Directions: north of princess st then queen st to barrie st.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K7K3T4

Discover key demographics, population statistics, and environmental insights for the Kingston (east Of Sir John A. Blvd), ON area.

Walkability in ON / K7K3T4

Source: Walk Score

99/100

Walker's Paradise

Walk Score ®

59/100

Good Transit

Transit Score ®

81/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

17 nearby routes: 17 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 37/100, Bike Score: 51/100.

Points of Interest near 378 BARRIE STREET, Kingston (East of Sir John A. Blvd), ON K7K3T4

Frequently Asked Questions for 378 BARRIE STREET

Source: Realty.com

378 BARRIE STREET, Kingston (East of Sir John A. Blvd), ON K7K3T4 in Kingston (East of Sir John A. Blvd), ON K7K3T4 is a single family residence listed at $579,000. Highlights include 5 bedrooms, 2 bathrooms. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 31 photos of 378 BARRIE STREET.

The full address for this home is 378 BARRIE STREET, Kingston (East of Sir John A. Blvd), ON K7K3T4.

378 BARRIE STREET has been listed on Realty.com since Tue June 09, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 37/100, Bike Score: 51/100.

This content last refreshed on 2026-10-02 10:57:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.