Welcome to 16 Limeridge Drive in Kingston a well-located bungalow with a legal secondary suite, ideal for investors or homeowners looking to offset their mortgage with rental income. This property features two self-contained 3-bedroom, 1-bathroom units, both offering strong rental returns. The upper unit is currently leased for $2,495/month, while the lower unit brings in $2,195/month. Thoughtfully designed to offer comfort and functionality, both suites appeal to quality tenants. Solar panels on the home have a potential to help reduce utility costs, adding even more value for the new owner. Located just a short walk from La Salle Intermediate & Secondary School, Shoppers, and local restaurants. Step into the backyard to enjoy the peaceful sights and sounds of a small stream, with nearby trails leading to the scenic Great Cataraqui River. Don't miss out on this excellent opportunity book your viewing today! (id:4069)
Address
16 LIMERIDGE DRIVE
List Price
$699,900
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
Bungalow
Area
Ontario
Sub-Area
Kingston (kingston East (incl Barret Crt))
Bedrooms
6
Bathrooms
2
Floor Area
7,001,100 Sq. Ft.
Lot Size
39.9 x 100.2 FT Sq. Ft.
MLS® Number
X12101284
Listing Brokerage
RE/MAX RISE EXECUTIVES, BROKERAGE
Basement Area
N/A (Finished)
Postal Code
K7M6M3
Site Influences
Marina, Park, Schools
Features
Irregular lot size, In-Law Suite
