333/335/337 Princess Street presents a rare opportunity to acquire a well-maintained mixed-use investment property in the heart of Kingston. This income-producing asset features 19 residential apartments and 3 commercial units, offering a diversified revenue stream in a high-demand rental location. The property includes desirable tenant amenities such as on-site coin-operated laundry, secure bike storage, and on-site parking, enhancing convenience and long-term tenant appeal. Ideally situated along the Princess Street corridor, the building benefits from excellent access to downtown Kingston, public transit, shopping, restaurants, and local amenities. An excellent addition to any investment portfolio, this established multi-residential property offers stable income potential in one of Kingston's strongest rental markets (id:28469)
Facts & features
Property
MLS® Number
X13597978
Property Type
Retail
Community Name
22 - East of Sir John A. Blvd
Features
Irregular Lot Size
Building
Age
51 To 99 Years
Cooling Type
Partially Air Conditioned
Heating Type
Baseboard Heaters
Size Exterior
21290 Sqft
Size Interior
21,290 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
247 Ft ,7 In
Size Frontage
69 Ft ,5 In
Size Irregular
Bldg=69.46 X 247.62 Ft ; Irregular Shape
Size Total Text
Bldg=69.46 X 247.62 Ft ; Irregular Shape
Zoning Description
Dt2
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$30,994/mo
Ontario land transfer tax
$161,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.