717 King Street West

Kingston, ONMulti-family
$1,799,999
MLS® X13463654
Multi-family16 beds7 baths10 total
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About This Property

Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step! (id:63604)

Key Facts

Type
Multi-family
Beds
16
Baths
7
Size
3,500 sqft
Lot
75 x 164 FT
Parking
10 total

Highlights

  • Washer
  • Dishwasher
  • Stove
  • Dryer
  • Two Refrigerators
Property Details 17 details
Bedrooms
16 bedrooms
16 above grade
Bathrooms
7 bathrooms
1 partial
Parking
10 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2
Basement
Apartment in basement
Heating
Forced air, Natural gas
Cooling
Central air conditioning, Air exchanger
Fireplace
No
Lot dimensions
75 x 164 FT
Frontage
75 feet
Taxes
$8,783.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherDishwasherStoveDryerTwo Refrigerators

Exterior features

Vinyl sidingStoneConcrete

Systems and association

Smoke DetectorsSewerElectricityCable

Lot and water

Carpet Free
Mortgage & Affordability Estimate monthly costs
Purchase price$1,799,999
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Central City West
City
Kingston
Postal code
K7M 2G3
Nearby
King St W Bwt Mcdonald & Mowat