5 Bedrooms

3 Bathrooms

2,500 - 3,000 sqft Interior

6 Parking spaces

40.6 X 130.7 Ft Lot size

None Forced Air

About this home

80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: a new roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot for 3-4 cars are just a few of the many reasons that this is the ideal spot for tenants. Its central location is a quick 5-minute walk to the K&P Trail, a 10-minute walk to the Cataraqui River, and a 2-minute walk to Regiopolis Notre Dame High School. It is also a 3-minute drive to downtown Kingston and to central Kingston amenities. A rare opportunity in an ideally-situated area of the city, on the gentrifying edge of Kingston's downtown core. Current te 80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2 two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: anew roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot. This turnkey triplex is priced at a near 5% cap rate and won't last long! (id:28469)

Facts & features

Property

MLS® Number: X13562722
Property Type: Multi-family
Community Name: 22 - East of Sir John A. Blvd
Equipment Type: Water Heater - Gas, Water Heater, Dryer(s), Washer(s)
Parking Space Total: 6
Rental Equipment Type: Water Heater - Gas, Water Heater, Dryer(s), Washer(s)

Building

Bathroom Total: 3
Bedrooms Above Ground: 5
Bedrooms Total: 5
Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater, Stove, Refrigerator
Basement Type: Full
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Block
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 130 Ft ,8 In
Size Frontage: 40 Ft ,7 In
Size Irregular: 40.6 X 130.7 Ft
Size Total Text: 40.6 X 130.7 Ft

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

Dining Room 2.27 m x 4.26 m
Kitchen 3.52 m x 3.65 m
Bedroom 4.4 m x 3.2 m
Bedroom 2 3.32 m x 3.15 m
Bathroom 2.25 m x 1.75 m
Living Room 3.48 m x 4.26 m

Third Level

Bedroom 4.39 m x 3.16 m
Bedroom 2 3.46 m x 3.18 m
Living Room 5.76 m x 4.27 m
Kitchen 3.45 m x 3.62 m

Ground Level

Bedroom 3.69 m x 3.61 m
Living Room 4.19 m x 4.81 m
Kitchen 3.47 m x 3.04 m
Bathroom 2.38 m x 1.61 m
Laundry Room 3.02 m x 2.38 m
Utility Room 2.22 m x 2.37 m

Location

80 Thomas Street, Kingston, Ontario K7K 2E3 · Get directions