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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,949,999

Est. payment | -/mo

16 Beds

7 Baths

Save

$ 1,949,999

Est. payment | -/mo

Save

16 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 18 - Central City West

MLS Listing ID X12780486

Style 2-Storey

Bedrooms 16

Annual Tax Amount $8,783

Tax Year 2025

Property Sub-Type Triplex

Property 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!

Location

Province ON

County Frontenac

Area Frontenac

Rooms

Family Room No

Basement Apartment

Kitchen 3

Interior

Interior Features Air Exchanger, Sewage Pump, Carpet Free

Cooling Central Air

Inclusions Unit 1 - 3 fridges + 1 stove + washer and dryer + 7 single beds Unit 2 - 2 fridges + stove + dishwasher + washer and dryer Unit 3 - 1 fridge + stove + washer and dryer Light fixtures, windows coverings, bathroom mirrors in all units.

Exterior

Exterior Feature Porch

Pool None

Roof Type Asphalt Shingle

Lot Frontage 75.0

Lot Depth 164.0

Total Parking Spaces 10

Building

Foundation Concrete, Stone

Others

Senior Community No

Security Features Smoke Detector,Carbon Monoxide Detectors

ParcelsYN Yes

Listed by SUTTON GROUP-HERITAGE REALTY INC.

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+1(647) 493-3579

info@tonyledi.com

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717 King ST W Kingston, ON K7M 2G3