759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
759 HIGH GATE PARK DRIVE, Kingston (south Of Taylor-kidd Blvd), ON K7M5Z6
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 809,000
Est. payment | /mo

5 Beds

3 Baths

Save Virtual Tour
$ 809,000
Est. payment | /mo
Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision 37 - South Of Taylor-Kidd Blvd

MLS® Listing ID X14095612

Style Bungalow

Bedrooms 5

Property Description

Turnkey Triplex in Kingston - Fully Renovated and Vacant (lower units will be advertised for rent shortly). Exceptional investment opportunity offering three self-contained units, extensive renovations, and projected rental income of $5,295/month ($63,540 annually), with tenants paying their own separately metered utilities. This triplex features a spacious 3-bedroom, 1-bathroom main-floor unit with projected rent of $2,195/month, plus two lower-level 1-bedroom, 1-bathroom units with projected rents of $1,575 and $1,525/month. All three units are currently vacant, allowing investors to select their own tenants and establish leases at current market rents, or offering an excellent opportunity for owner-occupancy with additional rental income. Extensive improvements include a new roof, some new windows and doors, three new kitchens, two new bathrooms, new flooring and fresh paint throughout, new basement insulation, plumbing upgrades, acoustic panels, two dedicated HRV systems, and three new hot water tanks. The property features 200-amp electrical service with three individual 100-amp panels, separately metered utilities, a gas furnace and central A/C for the main-floor unit, and electric baseboard heating for the lower units. Each unit benefits from its own designated parking space, complemented by fencing on three sides of the property. Offering approximately 2,040 sq. ft. of total interior floor area across both levels, this extensively updated property provides a rare opportunity to acquire a vacant, income-producing legal triplex without the challenges of inheriting existing tenancies. An excellent addition to any investment portfolio! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Basement 3.18 m X 3.21 m Bedroom

Extra Room 2 Basement 2.42 m X 3.38 m Bedroom

Extra Room 3 Basement 2.29 m X 1.49 m Bathroom

Extra Room 4 Basement 2.29 m X 1.51 m Bathroom

Extra Room 5 Basement 4.08 m X 3.32 m Recreational, Games room

Extra Room 6 Basement 3.33 m X 1.72 m Utility room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

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759 HIGH GATE PARK DRIVE