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. |
Price | $1,790,000 |
Taxes: | $10993.93 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 85 WILLIAM Stre , Kingston, K7L 2C6, Frontenac |
Acreage: | < .50 |
Directions/Cross Streets: | Between Bagot Street and Wellington Street |
Rooms: | 12 |
Rooms +: | 4 |
Bedrooms: | 8 |
Bedrooms +: | 2 |
Family Room: | F |
Basement: | Apartment, Finished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Kitchen | 9.28 | 12.5 | |
Room 2 | Main | Dining Ro | 12.14 | 4.36 | |
Room 3 | Main | Living Ro | 12.14 | 11.78 | |
Room 4 | Main | Primary B | 10.59 | 15.68 | |
Room 5 | Main | Bedroom 2 | 13.28 | 15.45 | |
Room 6 | Main | Bedroom 3 | 9.09 | 16.07 | |
Room 7 | Second | Primary B | 18.4 | 15.09 | |
Room 8 | Second | Bedroom 2 | 12.63 | 13.55 | |
Room 9 | Second | Bedroom 3 | 12.92 | 13.55 | |
Room 10 | Second | Den | 8.4 | 11.09 | |
Room 11 | Third | Bedroom | 10.3 | 26.57 | |
Room 12 | Third | Bedroom 2 | 10.3 | 18.04 | |
Room 13 | Basement | Kitchen | 10.27 | 13.78 | |
Room 14 | Basement | Bedroom | 11.18 | 15.32 | |
Room 15 | Basement | Bedroom 2 | 11.97 | 19.09 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 1 | Second |
Washroom Type 3 | 3 | Second |
Washroom Type 4 | 3 | Third |
Washroom Type 5 | 4 | Basement |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Private, R |
Drive Parking Spaces: | 5 |
Park #1 | |
Parking Type: | Private, R |
Park #2 | |
Parking Type: | Private |
Park #3 | |
Parking Type: | Right Of W |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 2500-3000 |
Property Features: | Arts Centre, Beach |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY, BROKERAGE |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 14 - Central City East |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $10,993.93 |
Beds: | 8+2 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |