Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

493 College Street Kingston, Ontario K7L 4M8

11 Bedroom 4 Bathroom 2,000 - 2,500 sqft
Fireplace Central Air Conditioning Forced Air, Heat Pump

$1,575,000

Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today. (id:67947)

Property Details

MLS® Number X14098082
Property Type Multi-family
Community Name 14 - Central City East
Amenities Near By Public Transit
Parking Space Total 6

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Below Ground 3
Bedrooms Total 11
Age 51 To 99 Years
Amenities Fireplace(s)
Appliances Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator
Basement Development Finished
Basement Features Apartment In Basement
Basement Type Full, N/a (finished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick, Aluminum Siding
Fire Protection Smoke Detectors
Fireplace Present Yes
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 45 Ft
Size Irregular 45 X 125 Ft
Size Total Text 45 X 125 Ft|under 1/2 Acre
Zoning Description A

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.17 m x 4.4 m
Second Level Bedroom 2 3.8 m x 3.33 m
Second Level Bedroom 3 4.15 m x 2.97 m
Second Level Kitchen 3.8 m x 3.16 m
Second Level Living Room 5.35 m x 3.62 m
Second Level Bathroom 2.7 m x 1.81 m
Basement Kitchen 1.56 m x 5 m
Basement Dining Room 2.18 m x 1.66 m
Basement Living Room 3.91 m x 6.83 m
Basement Bathroom 2.14 m x 1.5 m
Basement Primary Bedroom 3.79 m x 3.54 m
Basement Bedroom 2 3.79 m x 3.07 m
Basement Bedroom 3 3.79 m x 2.7 m
Main Level Kitchen 4.17 m x 2.41 m
Main Level Living Room 5.14 m x 3.65 m
Main Level Kitchen 2.12 m x 4.23 m
Main Level Dining Room 1.41 m x 2.06 m
Main Level Living Room 2.35 m x 2.86 m
Main Level Bathroom 2.66 m x 1.82 m
Main Level Bedroom 2.97 m x 2.95 m
Main Level Bathroom 2.78 m x 1.51 m
Main Level Primary Bedroom 4.15 m x 3.31 m
Main Level Bedroom 2 3.79 m x 3.31 m
Main Level Bedroom 3 2.98 m x 2.59 m
Main Level Bedroom 4 3.76 m x 3.19 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30422884/493-college-street-kingston-central-city-east-14-central-city-east

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Pierre Nadeau, Exp Realty, Brokerage

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.