493 College Street, Kingston (Central City East), Ontario K7L 4M8 (29502029)

11 Bedrooms

4 Bathrooms

2,000 - 2,500 sqft Interior

6 Parking spaces

45 X 125 Ft, Under 1/2 Acre Lot size

Fireplace Central Air Conditioning Forced Air, Heat Pump

About this home

GREAT INCOME, bringing in $132,000 of yearly rent. Fully RENOVATED 4-PLEX in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, new 400-AMP electrical and plumbing systems, too. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at a great current market rate. Great returns on this property with minimal effort required, no work at all to be done on this property for a long time. Total yearly expenses for taxes, maintenance, property manager, utilities, and insurance are $18,000/year. Schedule your private viewing today. (id:28469)

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Facts & features

Property

MLS® Number: X12908360
Property Type: Multi-family
Community Name: 14 - Central City East
Amenities Near By: Public Transit
Equipment Type: None
Parking Space Total: 6
Rental Equipment Type: None

Building

Bathroom Total: 4
Bedrooms Above Ground: 8
Bedrooms Below Ground: 3
Bedrooms Total: 11
Age: 51 To 99 Years
Amenities: Fireplace(s)
Appliances: Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
Basement Development: Finished
Basement Features: Apartment In Basement
Basement Type: Full, N/a (finished), N/a
Cooling Type: Central Air Conditioning
Exterior Finish: Brick, Aluminum Siding
Fire Protection: Smoke Detectors
Fireplace Present: Yes
Foundation Type: Block
Heating Fuel: Natural Gas
Heating Type: Forced Air, Heat Pump
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: Other
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Public Transit
Sewer: Sanitary Sewer
Size Depth: 125 Ft
Size Frontage: 45 Ft
Size Irregular: 45 X 125 Ft
Size Total Text: 45 X 125 Ft|under 1/2 Acre
Zoning Description: A

Utilities

Cable: Available
Electricity: Installed
Sewer: Installed

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.

Rooms

Second Level

Primary Bedroom 4.17 m x 4.4 m
Bedroom 2 3.8 m x 3.33 m
Bedroom 3 4.15 m x 2.97 m
Kitchen 3.8 m x 3.16 m
Living Room 5.35 m x 3.62 m
Bathroom 2.7 m x 1.81 m

Basement

Kitchen 1.56 m x 5 m
Dining Room 2.18 m x 1.66 m
Living Room 3.91 m x 6.83 m
Bathroom 2.14 m x 1.5 m
Primary Bedroom 3.79 m x 3.54 m
Bedroom 2 3.79 m x 3.07 m
Bedroom 3 3.79 m x 2.7 m

Main Level

Kitchen 4.17 m x 2.41 m
Living Room 5.14 m x 3.65 m
Kitchen 2.12 m x 4.23 m
Dining Room 1.41 m x 2.06 m
Living Room 2.35 m x 2.86 m
Bedroom 2.97 m x 2.95 m
Bathroom 2.78 m x 1.51 m
Bathroom 2.66 m x 1.82 m
Primary Bedroom 4.15 m x 3.31 m
Bedroom 2 3.79 m x 3.31 m
Bedroom 3 2.98 m x 2.59 m
Bedroom 4 3.76 m x 3.19 m

Location

493 College Street, Kingston, Ontario K7L 4M8 · Get directions