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Renanza Realty
For sale

432 BARRIE STREET

Kingston (East of Sir John A. Blvd), Ontario

MLS® X13781810

$1,099,000

Status
Active
Property type
Multi-family
MLS® number
X13781810
Bedrooms
7
Bathrooms
5
Year built

Listing description

TURNKEY 5-PLEX IN DOWNTOWN KINGSTON - CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit.

Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years.

Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address.

Rent roll, expenses, and property updates available on request. Schedule your private showing today.

Property summary

MLS® number
X13781810
Property type
Multi-family
Building type
Other
Land size
45.3 x 52.2 FT
Annual property taxes
$6,061.26
Parking
3 spaces · No Garage
Days on market
2 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Basement
None
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Exterior features
Vinyl siding
Community features
Community Centre
View
City view

What would this home cost you?

Based on the $1,099,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,113 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 HERITAGE GROUP LTD., 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.