717 KING STREET W
Kingston (Central City West), Ontario
MLS® X13463654
$1,799,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13463654
- Bedrooms
- 16
- Bathrooms
- 7
- Year built
- —
1 / 36Listing description
Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income.
Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand.
The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step!
Property summary
- MLS® number
- X13463654
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 75 x 164 FT
- Annual property taxes
- $8,783.00
- Parking
- 10 spaces · No Garage
- Days on market
- 76 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Air exchanger
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Dishwasher, Stove, Dryer, Two Refrigerators
- Exterior features
- Vinyl siding
- Lot features
- Carpet Free
What would this home cost you?
Based on the $1,799,999 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 SUTTON GROUP-HERITAGE REALTY INC., OSHAWA.
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.