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382 Mowat Ave - $674,900

Welcome to 382 Mowat Ave – a unique property that embodies both charm and potential. This 4-bedroom, 2-bathroom, 2 kitchen house is not just a living space but an opportunity waiting to be unlocked. With a comfortable interior spanning 1303 sq. ft., this home is nestled in the vibrant neighborhood of Portsmouth, offering a blend of tranquility and city life.

One of the most captivating features of this property is its zoning, which allows for accessory dwelling units. Currently, it houses an in-law suite with potential to become a legal secondary dwelling, offering a smart opportunity for those looking to invest. Additionally, the fully detached garage, which measures 440 sq. ft. and has its own electrical panel, presents further potential for conversion into a secondary dwelling with income possibilities.

This home has proven its worth as a lucrative investment under the banner "Portsmouth Home and Gardens", operating as a licensed short-term rental previously listed on VRBO and Airbnb. Highlighted by its proximity to esteemed educational institutions like Queen's University, and St. Lawrence College, and just a stone's throw from the lush greens of the Cataraqui Golf & Country Club, this property sits at the nexus of Kingston's bustling community activities and serene nature escapes. Whether you're an academic professional seeking solace close to work or a nature enthusiast craving weekend golf sessions, 382 Mowat Ave aligns with all lifestyles and promises a steady demand from both short-term and long-term renters.

Recent enhancements include a new high-efficiency heat pump, new driveway asphalt, additional 12" attic insulation, fresh paint, updated kitchen, bathrooms, and more, ensuring that the new owners can enjoy both immediate returns and long-term value appreciation.

The outdoor space is a testament to thoughtful landscaping and design, featuring a newly shingled gazebo and the garden lush and inviting. It's the perfect backdrop for family gatherings or a quiet evening under the stars.

With the opportunity for significant rental income and situated in a desirable area close to top-rated schools and recreational venues, 382 Mowat Ave offers a blend of lifestyle and investment opportunity. Whether you're looking to create a cozy family home with space for multi-generational living or a savvy investor ready to tap into Kingston's vibrant rental market, this property is ready for its next chapter.

Amy Henderson-Boileau

Broker

AmySellsKingston@gmail.com

Direct/Text: 613-650-7175

Royal LePage ProAlliance Realty

640 Cataraqui Woods Dr Suite 7

Kingston ON K7P 2Y5

Amy Henderson-Boileau  -  Kingston Real Estate Broker at Royal LePage ProAlliance Realty    |    Direct/Text 613.650.7175    |    Amy@HomesInKingston.ca                                  

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