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418 COLLEGE STREET, Kingston (Central City East)

8 BEDS · 3 BATHS · 2000 - 2500 sqft

$1,049,000

Incredible Value for this Purpose - built, legal triplex in superb condition - perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen's University, St Lawrence College and the Teacher's College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location - this is a must see! Don't miss out on this great opportunity! Check out the Virtual Tour link - IGuide to see this amazing Triplex.This is the one you've been waiting for - Schedule your viewing today.

General Info


MLS Listing ID: X14109912 Bedrooms: 8 Bathrooms: 3 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: N/A Parking Space Total: 6
Parking: N/A Heating: Forced air Size: 2000 - 2500 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: Brent Conley, ROYAL LEPAGE TEAM REALTY

Amenities/Features


  • Carpet Free

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