135 Nelson Street, Kingston, Ontario K7L 3W9 is For Sale and has a listing price of 749,000. The property is located in the Kingston . It's been on the website for 1 Day.
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. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026. A new owner will have the opportunity to rent at a higher rate. 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, 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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/09/2026 | X12680026 | $749,000 | For Sale | - | - |
| 12/11/2025 | X12626768 | $779,000 | For Sale | 01/09/2026 | - |
| 11/26/2025 | X12577974 | $789,000 | Cancelled | 12/04/2025 | - |
| 07/02/2025 | X12255852 | $829,000 | For Sale | 08/19/2025 | - |
| 06/05/2025 | X12197979 | $849,000 | For Sale | 07/02/2025 | - |