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Kingston,ON K7L 4V3
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 11 - Kingston East (Incl Cfb Kingston)
MLS Listing ID X12090646
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,710
Tax Year 2024
Lot Size 2.000 Acres
Property Sub-Type Multiplex
Appx SqFt 3500-5000
Property Description
ATTENTION INVESTORS Exceptionally rare find: TWO x 3 Bedroom Homes on one sprawling 2.6-acre corner lot in the City of Kingston, with possible Development potential for Lot Creation of new 250ft wide x One (1) Acre Building Lot on Butternut Creek Rd next to Butternut Creek Estate Subdivision & other Executive Neighbourhoods such as Ironwood Rd and Grousewood Lane. Currently priced as it sits (ie. no severance) for $599,900, not only would the new owner be the proud owner of TWO separate legal dwellings, if a severance was ultimately approved, this would simply be a bonus. See existing driveway on Butternut Creek Rd positioned at the centre of possible lot. Lot would be desirable as it's relatively private, tree-lined and level. Close to all east end amenities, CFB Kingston, Hwy 401, Downtown Kingston, Queen's University, Kingston General Hospital. The original 3-bed, 1-bath brick farmhouse (c.1910) exudes rustic charm with exposed brick walls and vintage character. Connected by a breezeway, the second dwelling (c.1974) is a 3-bed, 1-bath home with its own entrance and a massive 2-car garage. Both homes are on private well and septic, with two driveways, separate hydro meters, and potential for dual income or extended family living. Zoned A1-54 and designated "Rural" in the City of Kingston's Official Plan. Updates needed, but loads of potential for live/rent, multi-generational living, Airbnb, or future redevelopment. Property Information Package on file with Projected Financials. Renovation estimates can be available upon request. Easy to view. Flexible Closing.
Location
Province ON
County Frontenac
Community 11 - Kingston East (Incl Cfb Kingston)
Area Frontenac
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling None
Fireplaces Type Wood Stove
Exterior
Exterior Feature Landscaped,Lighting,Privacy
Garage Spaces 2.0
Pool None
View Garden
Roof Type Fibreglass Shingle
Building
Foundation Block,Stone