160 KING STREET E
Kingston (Central City East), Ontario
MLS® X14177822
$1,688,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14177822
- Bedrooms
- 9
- Bathrooms
- 5
- Year built
- —
Listing description
EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr).
All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term.
Property summary
- MLS® number
- X14177822
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 24.1 x 55.5 FT
- Annual property taxes
- $9,889.48
- Parking
- 1 space · No Garage
- Days on market
- 0 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Window air conditioner
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Brick, Stucco
- Lot features
- Carpet Free
- View
- Lake view
What would this home cost you?
Based on the $1,688,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX RISE EXECUTIVES, BROKERAGE, KINGSTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.