418 College ST, Kingston, ON K7L 4M7
418 College ST, Kingston, ON K7L 4M7
418 College ST, Kingston, ON K7L 4M7
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$1,049,000
Est. payment /mo
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6 Beds
3 Baths
New

418 College ST Kingston, ON K7L 4M7

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Elias Mouawad

Elias Mouawad

+1(647) 831-1664

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 14 - Central City East

MLS Listing ID X14109912

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,066

Tax Year 2025

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Frontenac

Area Frontenac

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

View Trees/Woods

Roof Type Asphalt Shingle

Lot Frontage 42.02

Lot Depth 151.93

Total Parking Spaces 6

Building

Unit Features Hospital,Park,Place Of Worship,Public Transit,School

Foundation Poured Concrete

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/418_college_st_kingston_on/

Listed by ROYAL LEPAGE TEAM REALTY

NEARBY SCHOOL & BUSINESS

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Elias Mouawad

Elias Mouawad

Agent License ID: 9543870

+1(647) 831-1664

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418 College ST