418 College Street Kingston, Ontario K7L 4M7

8 Bedroom 3 Bathroom 2,000 - 2,500 sqft
Central Air Conditioning Forced Air

$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. (id:39840)

Property Details

MLS® Number X14109912
Property Type Multi-family
Community Name 14 - Central City East
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Appliances Dishwasher, Dryer, Furniture, Stove, Washer, Refrigerator
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 151 Ft ,10 In
Size Frontage 42 Ft
Size Irregular 42 X 151.9 Ft
Size Total Text 42 X 151.9 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.7 m x 3.27 m
Second Level Bedroom 3.18 m x 2.57 m
Second Level Bathroom 2.54 m x 1.54 m
Second Level Living Room 5.97 m x 4.07 m
Second Level Kitchen 3.94 m x 2.45 m
Second Level Primary Bedroom 3.69 m x 3.27 m
Lower Level Living Room 3.81 m x 4.08 m
Lower Level Kitchen 3.86 m x 2.43 m
Lower Level Bedroom 3.67 m x 3.18 m
Lower Level Bedroom 3.47 m x 3.2 m
Lower Level Bathroom 2.38 m x 1.57 m
Lower Level Laundry Room 3.47 m x 2.86 m
Lower Level Utility Room 4.33 m x 4.05 m
Main Level Living Room 4 m x 4.08 m
Main Level Kitchen 3.97 m x 2.46 m
Main Level Primary Bedroom 3.67 m x 3.22 m
Main Level Bedroom 3.66 m x 3.23 m
Main Level Bedroom 3.22 m x 2.53 m
Main Level Bathroom 2.49 m x 1.58 m

https://www.realtor.ca/real-estate/30436380/418-college-street-kingston-central-city-east-14-central-city-east

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