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!
Under Contract:
Hot Water Tank-Gas, Hot Water Tank-Electric
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
164'50 m
Lot Frontage:
75'22.9 m
Direction Faces:
North
Bedrooms:
16
Bathrooms:
7.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
16
Kitchens Above Grade:
3
Rooms Above Grade:
28
Fractional Ownership:
No
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete, Stone
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Taxes:
$8,783 /
2025
Assessment:
$- /
2025
Frontenac
Kingston
18 - Central City West
Hospital, Public Transit
Air Exchanger, Sewage Pump, Carpet Free
Porch
Smoke Detector, Carbon Monoxide Detectors
HWT x2
Unit 1 - 3 fridges + 1 stove + washer and dryer + 7 single beds Unit 2 - 2 fridges + stove + dishwasher + washer and dryer Unit 3 - 1 fridge + stove + washer and dryer Light fixtures, windows coverings, bathroom mirrors in all units.
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