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Renanza Realty
For sale

418 COLLEGE STREET

Kingston (Central City East), Ontario

MLS® X14109912

$1,049,000

Status
Active
Property type
Multi-family
MLS® number
X14109912
Bedrooms
8
Bathrooms
3
Year built
—

Listing description

Incredible Value for this Purpose - built, legal triplex in superb condition - perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity.

The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied.

Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit.

Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof. All units has been freshly painted when needed. Excellent return & cap rate.

Ideally located between Queen's University, St Lawrence College and the Teacher's College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location - this is a must see! Don't miss out on this great opportunity!

Check out the Virtual Tour link - IGuide to see this amazing Triplex. This is the one you've been waiting for - Schedule your viewing today.

Property summary

MLS® number
X14109912
Property type
Multi-family
Building type
Triplex
Land size
42 x 151.9 FT
Annual property taxes
$7,066.40
Parking
6 spaces · Detached Garage, Garage
Days on market
10 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Apartment in basement, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture
Exterior features
Stucco
Lot features
Carpet Free

What would this home cost you?

Based on the $1,049,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,881 /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 ROYAL LEPAGE TEAM REALTY, OTTAWA.

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.