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1037 Middle Road Image 1

$599,900

Apr 17Multiplex For Sale
bedrooms6bed
washrooms4bath
MLS - #X12090646

1037 Middle Road, Kingston, ON K7L 4V3

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Average Price
59990000.0%
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Property Description

Property type

Multiplex

Lot size

2-4.99 acres

Style

2-Storey

Approx. Area

N/A

About 1037 Middle Road

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.

Home Overview

Last updated

Apr 21

Virtual tour

None

Basement information

Development Potential, Full

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by MACINNIS REALTY INC., BROKERAGE

Additional Details

Basement:Development Potential, Full
Cooling:None
Heating:Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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