Listed by Re/Max Rise Executives, Brokerage.

135 Nelson Street is a Detached, 2-Storey and is currently for Sale @ $849,000. Taxes in 2025 were $4,711.40.

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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. The 2-Storey on 135 Nelson Street has 5 bedrooms, 2 bathrooms, and is located on a 132 x 33 ft loton < .50 acres in the community of Central City East . 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, added grading to improve drainage, 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.

All existing furniture on site minus tenant belongings.

The address 135 Nelson Street was listed for sale (MLS# X12197979) on Thursday, June 05, 2025.