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237 MOWAT AVENUE, Kingston (Central City West), Ontario, K7M 1K6

MLS® # X11922478
Investment For Sale In Portsmouth, Kingston (Central City West), Ontario
$2,315,000
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Facade
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Facade
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Living Room With Fireplace
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Living Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen With Double Sink
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bathroom
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Other
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Laundry Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen With Double Sink
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bathroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON  - Outdoor With Facade
237 Mowat Avenue, Kingston (Central City West), ON  - Outdoor With Facade
237 Mowat Avenue, Kingston (Central City West), ON  - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON  - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Living Room With Fireplace
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Living Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen With Double Sink
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bedroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bathroom
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor With Exterior
237 Mowat Avenue, Kingston (Central City West), ON - Other
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Laundry Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Kitchen With Double Sink
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Bathroom
237 Mowat Avenue, Kingston (Central City West), ON - Indoor Photo Showing Other Room
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
237 Mowat Avenue, Kingston (Central City West), ON - Outdoor
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237 MOWAT AVENUE, Kingston (Central City West), Ontario, K7M 1K6
$2,315,000

Property Information:

237 Mowat Avenue is a property of eight beautifully renovated apartments containing a total of 11 bedrooms, fully leased, on a site-specific zoned lot recognizing an 8-unit multiplex, strategically located in the historic district of Portsmouth Village/Mowat Woods, with close proximity to Queens University West Campus, Providence Care Hospital and St Lawrence College. The attractive, farmhouse style architecture building, on a large property situated on a public transit route with bus stops directly in the front giving easy access to KHSC and Queens Main campus only minutes away. Centrally located, 237 Mowat has a very walkable score of 74 making it easy for most errands to be accomplished on foot and a very bikeable score of 83 providing the tenants a healthy option for personal transportation and exercise. The proximity to numerous institutions provides strong rental demand, is always rented with excellent cash flow and steady long-term returns. Averaging a 24-month turnover the ability to adjust rents with greater frequency increases profitability at an accelerated rate. The location is an upscale, single-family neighborhood, minutes walk to the business district of Portsmouth Village and Lake Ontario waterfront. The surroundings and area bestow the occupants, who are primarily postgraduates or young professionals, with plenty of park like green space and a tranquil, relaxed way of living. There are eight attractive, self-contained units of 5 one-bedroom 1 bath suites, 2 two-bedroom 1 bath flats and a two-bedroom 2 bath bi-level apt each with private entrances, and a parking lot and common coin laundry. Appealing to a broad demographic of renters, updated and well maintained with many recent site improvements, this is a rare offering having an excellent ROI that would be a strong and secure compliment to any real-estate investment portfolio! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Foundation Type: Block, Stone
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 9
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Park, Public Transit
  • Features: Lighting, Sump Pump
  • Irregular: Yes
  • Lot Depth: 195.0 Feet
  • Lot Frontage: 70.0 Feet
  • Lot Size: 70 x 195 FT
  • Structure Type: Porch
  • Surface Water:
  • Zoning: UR7 legacy exemption L450
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 8

REALTOR.ca  

Location of 237 MOWAT AVENUE, Kingston (Central City West), Ontario, K7M 1K6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

38 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

38 hot days expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 237 MOWAT AVENUE , experiences 7 hot days per year at around 29.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 33.1 degrees Celsius.

Projected Avg. Temperature

Past
29.4℃
2050
33.1℃

# Hot Days Per Year

Past
7
2050
38

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 237 MOWAT AVENUE , experiences 11 significant 2-day storms per year, with about 330.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 417.2mm of precipitation per year.

Precipitation Per Storm

Past
330.9mm
2050
417.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 237 MOWAT AVENUE, Kingston (Central City West), Ontario, K7M 1K6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$87,149.63

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.83 %

High school certificate or equivalent

34.16 %

Apprenticeship trade certificate/diploma

3.74 %

College/non-university certificate

20.44 %

University certificate (below bachelor)

1.73 %

University Degree

23.09 %

Commuter

Travel To Work

By Car

67.77 %

By Public Transit

21.24 %

By Walking

5.34 %

By Bicycle

2.78 %

By Other Methods

2.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.0 %

Houses

53.0 %

Own Vs. Rent