9 Bedrooms

3 Bathrooms

2,000 - 2,500 sqft Interior

6 Parking spaces

38.5 X 122 Ft Lot size

1 day ago Listed

None Baseboard Heaters Finished basement

About this home

A rare opportunity to own a well-maintained, fully tenanted triplex in one of Kingston's most desirable downtown neighbourhoods. Ideally located on a prestigious street within walking distance to Queen's University, Kingston's major hospitals, and the sought-after Winston Churchill Public School district, this exceptional investment property generates $5,810/month ($69,720 annually) in gross rental income, with potential to increase to $6,410/month ($76,920 annually) through one owner-reserved room currently being marketed for rent. Situated on an approximately 38.5 x 122 ft lot, the property offers strong cash flow with excellent upside potential. Seller will transfer the balance of prepaid rent to the buyer on closing. (id:28469)

Facts & features

Property

MLS® Number: X13625270
Property Type: Multi-family
Community Name: 14 - Central City East
Equipment Type: Water Heater
Parking Space Total: 6
Rental Equipment Type: Water Heater

Building

Bathroom Total: 3
Bedrooms Above Ground: 7
Bedrooms Below Ground: 2
Bedrooms Total: 9
Age: 51 To 99 Years
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Features: Separate Entrance
Basement Type: N/a, Full, N/a (finished)
Cooling Type: None
Exterior Finish: Aluminum Siding
Foundation Type: Poured Concrete
Heating Fuel: Other
Heating Type: Baseboard Heaters
Stories Total: 3
Size Interior: 2,000 - 2,500 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 122 Ft
Size Frontage: 38 Ft ,6 In
Size Irregular: 38.5 X 122 Ft
Size Total Text: 38.5 X 122 Ft

The Central City East market

96 Active listings

$809,900 Median asking price

23% above median This home

35 days Avg. time on market

Browse all Central City East listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $4,427/mo
Ontario land transfer tax: $16,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Rooms

Second Level

Living Room 4.4 m x 3.7 m
Bathroom 2.3 m x 2.1 m
Bedroom 3.8 m x 3.4 m
Bedroom 2 3.3 m x 3.1 m
Bedroom 3 3.2 m x 3 m
Kitchen 3.5 m x 3.1 m

Basement

Bedroom 3.7 m x 2 m
Bedroom 2 4.2 m x 3 m
Living Room 4.2 m x 3.5 m
Kitchen 3.3 m x 3 m

Main Level

Kitchen 3.8 m x 3.3 m
Living Room 4.8 m x 3.9 m
Bathroom 2.5 m x 1.8 m
Bedroom 3.9 m x 3.5 m
Bedroom 2 3.4 m x 3.2 m
Bedroom 3 3.3 m x 3 m
Bedroom 4 3.2 m x 2.9 m

Location

63 Pembroke Street, Kingston, Ontario K7L 4N6 · Get directions

63 Pembroke Street