158 LAKEVIEW AVENUE

Description

Set in one of Kingston's most sought-after neighbourhoods, this versatile property offers the best of both worlds-comfortable family living with the added benefit of strong rental income.The upper level spans approximately 1,335 sq. ft. and features hardwood flooring throughout, creating a warm, cohesive feel. An expanded kitchen provides plenty of room to cook, gather, and entertain, while large windows flood the space with natural light. Patio doors lead to a covered back porch and rear deck - ideal for summer evenings or a quiet morning coffee. Downstairs, the fully self-contained legal 3-bedroom basement apartment is currently tenanted by three St.Lawrence College students, generating $2,250/month inclusive. The tenants are in place until April 2027, offering stable, predictable income from day one-an appealing feature for investors or buyers looking to offset their mortgage.The home includes updated bathrooms, a newer furnace, and in-suite laundry on each level. At the rear, the property backs onto the quiet side of a school, an excellent neighbour - especially enjoyable during the summer months when the grounds are largely unused.Whether you're a small family looking to supplement your living costs or a savvy investor seeking a well-located,income-generating property, this home delivers flexibility, comfort, and long-term value in equal measure. (id:52904)