REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,790,000
Est. payment /mo
New
85 WILLIAM ST Kingston, ON K7L 2C6
10 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 14 - Central City East
MLS Listing ID X12194384
Style 2-Storey
Bedrooms 10
Building Age 100+
Annual Tax Amount $10,993
Tax Year 2024
Property Sub-Type Triplex
Property Description
Discover an outstanding investment opportunity in the heart of Sydenham Ward with this remarkable triplex. This all-brick property boasts 3 well-designed, self-contained units: a lower-level 2-bedroom unit that is currently vacant and has been renovated, a main-floor 3-bedroom unit with tenants scheduled to move out in August, and a spacious top-floor 5-bedroom unit. This arrangement provides a unique chance to maximize your rental income. 5-bedroom unit currently rented for $850 per room. Conveniently located within walking distance to Queen's University, local hospitals, vibrant downtown shops, and restaurants, and just three blocks away from the picturesque Lake Ontario, this triplex is perfectly positioned for attracting tenants. Additionally, there is ample parking available at the rear via a right-of-way. Potential income: $102,000 to $115,000. Expenses: insurance $6,900.00, utilities 4,200.00, maintenance $3,000.00, and taxes $10,993. This is a fantastic opportunity to enhance your investment portfolio or to occupy one of the units while benefiting from rental income from the others. Don't miss out, schedule your private viewing today.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Rooms
Basement Apartment, Finished
Kitchen 3
Interior
Interior Features None
Cooling None
Exterior
Exterior Feature Porch
Parking Features None
Pool None
View City
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Foundation Stone
Others
Virtual Tour https://unbranded.youriguide.com/85_william_st_kingston_on/
Lited by EXP REALTY, BROKERAGE
GET MORE INFORMATION