Ideally located at the entrance to downtown Kingston, this solid double-brick triplex offers an excellent investment opportunity in a prime rental location. Featuring three self-contained units with a total of 7 bedrooms, including one 4-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the rent total is $6750. Conveniently located near Queen's University, downtown amenities, restaurants, shopping, and public transit. Two dedicated parking spaces are accessible from Garrett Street. A fantastic opportunity for investors seeking a well-located, income-generating property in the heart of Kingston. (id:28469)
Facts & features
Property
MLS® Number
X14142456
Property Type
Single Family
Neighbourhood
University District
Community Name
14 - Central City East
Ownership
Freehold
Equipment Type
Furnace
Parking Space Total
2
Rental Equipment Type
Furnace
Building
Bathroom Total
3
Bedrooms Above Ground
6
Bedrooms Below Ground
1
Bedrooms Total
7
Age
100+ Years
Appliances
Water Heater, Dishwasher, Dryer, Stove, Two Washers, Refrigerator
Basement Development
Finished
Basement Type
Full (finished)
Construction Style Attachment
Attached
Cooling Type
None
Exterior Finish
Brick, Vinyl Siding
Foundation Type
Stone
Half Bath Total
1
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Row / Townhouse
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
78 Ft ,4 In
Size Frontage
21 Ft ,3 In
Size Irregular
21.3 X 78.4 Ft
Size Total Text
21.3 X 78.4 Ft
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
$5,092/mo
Ontario land transfer tax
$19,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.