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Royal LePage
Royal LePage
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$1,688,000

Kingston (Central City East) ON, K7L 2C6

MLS® # X12538822

Property Information:

Outstanding triplex investment in Sydenham Ward! Discover an exceptional investment opportunity in the heart of Sydenham Ward with this remarkable all-brick triplex. The property features three well-designed, self-contained units: a lower-level 2-bedroom unit (leased $1,750/mth), a main-floor 3-bedroom unit (leased $2,700/mth), and a spacious top-floor 5-bedroom unit (leased $4,250/mth) - offering a prime opportunity to maximize rental income. Ideally located within walking distance to Queen's University, local hospitals, downtown shops and restaurants, and just three blocks from picturesque Lake Ontario, this triplex is perfectly positioned to attract quality tenants. Ample parking is available at the rear of the property via a right-of-way. This is a fantastic opportunity to enhance your investment portfolio or live in one unit while generating excellent income from the others. Total gross income $104,400; total expenses (including taxes) $25,640; total net income $78,760. Properties of this calibre and location are rarely available - schedule your private viewing today. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+2
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Marina
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 112.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 112 FT
  • Structure Type: Porch
  • Utility Type: Sewer - Installed, Cable - Available, Hydro - Installed
  • View Type: City view
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Primary Bedroom 2nd Level 5.61 m x 4.60 m
  • 2nd Bedroom 2nd Level 3.85 m x 4.13 m
  • 3rd Bedroom 2nd Level 3.94 m x 4.13 m
  • Den 2nd Level 2.56 m x 3.38 m
  • Bedroom 3rd Level 3.14 m x 8.10 m
  • 2nd Bedroom 3rd Level 3.14 m x 5.50 m
  • Kitchen Basement Level 3.13 m x 4.20 m
  • Bedroom Basement Level 3.41 m x 4.67 m
  • 2nd Bedroom Basement Level 3.65 m x 5.82 m
  • Den Basement Level 3.69 m x 3.52 m
  • Kitchen Main Level 2.83 m x 3.81 m
  • Dining Main Level 3.70 m x 1.33 m
  • Living Main Level 3.70 m x 3.59 m
  • Primary Bedroom Main Level 3.23 m x 4.78 m
  • 2nd Bedroom Main Level 4.05 m x 4.71 m
  • 3rd Bedroom Main Level 2.77 m x 4.90 m

Convert Measurement to:


Courtesy of: EXP REALTY, BROKERAGE

REALTOR.ca  

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Location of 85 WILLIAM STREET, Kingston (Central City East), Ontario, K7L 2C6

Demographic Information of 85 WILLIAM STREET, Kingston (Central City East), Ontario, K7L 2C6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$160,940.06

Average Number of Children

1.39

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

2.85 %

High school certificate or equivalent

20.64 %

Apprenticeship trade certificate/diploma

1.62 %

College/non-university certificate

16.99 %

University certificate (below bachelor)

1.48 %

University Degree

56.42 %

Commuter

Travel To Work

By Car

30.64 %

By Public Transit

6.87 %

By Walking

53.42 %

By Bicycle

0.27 %

By Other Methods

8.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.61 %

Houses

9.39 %

Own Vs. Rent

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