view of front of house with brick siding Features: electric meter

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traditional-style home with brick siding Features: gas meter, electric meter

hallway with light wood-style floors and baseboards Features: hardwood floor

hall featuring wood finished floors and baseboards Features: hardwood floor

kitchen with white cabinetry and white appliances Features: countertops, white cabinets, raised cabinets, sink, refrigerator, range oven

kitchen featuring white appliances, light wood finished floors, and brown cabinetry Features: range oven, sink, countertops, medium brown cabinets, hardwood floor, microwave, refrigerator, raised cabinets, white cabinets

bedroom with wood finished floors and baseboards Features: natural light, hardwood floor

bedroom featuring light wood-style floors and a closet Features: closet, hardwood floor

full bathroom featuring a shower with curtain and vanity Features: sink, mirror, vanity, shower, toilet

washroom with unfinished concrete flooring and washing machine and dryer Features: smoke carbon monoxide detector, laundry, concrete floor, separate washer dryer

kitchen featuring brown cabinets, white appliances, dark countertops, brick wall, and tasteful backsplash Features: vent, shaker cabinets, hardwood floor, garage door opener, kitchen bar, g shaped kitchen, kitchen peninsula, open shelves, range oven, brick wall, tile floor, backsplash, medium brown cabinets, refrigerator, countertops, opens to living area

kitchen with brown cabinetry, freestanding refrigerator, light tile patterned floors, brick wall, and open shelves Features: l shaped kitchen, natural light, countertops, open shelves, shaker cabinets, brick wall, laundry, backsplash, refrigerator, tile floor, medium brown cabinets, washer dryer, sink

bedroom featuring wood finished floors and cooling unit Features: window mounted ac, natural light, hardwood floor

bedroom with wood finished floors, a closet, vaulted ceiling, and an office area Features: tv, vaulted ceiling, low ceiling, hardwood floor, closet

full bath with a shower stall and vanity Features: mirror, shower, sink, vanity, toilet

hallway with light wood-type flooring Features: hardwood floor

kitchen featuring white appliances, white cabinetry, light wood-style floors, stacked washer and clothes dryer, and light countertops Features: microwave, white cabinets, stacked washer dryer, sink, refrigerator, hardwood floor, range oven, tv, countertops, crown molding, raised cabinets, laundry

office area featuring light wood finished floors and a baseboard heating unit Features: hardwood floor, baseboard radiator, range oven, sink, refrigerator, natural light

bathroom featuring a shower stall, vanity, and tile patterned flooring Features: toilet, mirror, natural light, vanity, vent, sink, shower, tile floor

bedroom with crown molding, wood finished floors, and a ceiling fan Features: natural light, ceiling fan, hardwood floor, crown molding

living room featuring crown molding, a desk, and light wood-style floors Features: tv, hardwood floor, crown molding

office space with crown molding and light wood-type flooring Features: hardwood floor, natural light, crown molding, tv

living room featuring crown molding and wood finished floors Features: hardwood floor, tv, crown molding, natural light

entryway with wood finished floors Features: hardwood floor, natural light

entryway with wood finished floors Features: hardwood floor

view of side of home featuring brick siding and a residential view Features: residential view, fence

doorway to property with brick siding Features: fence

view of road with a residential view Features: residential view

rear view of house featuring stairs and a chimney

back of property with brick siding and a shingled roof

back of property with stairs, a chimney, and a residential view Features: fence, residential view

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For Sale - 341 Division Street, Kingston, Ontario

341 Division Street

Kingston , Ontario

4 3 $669,900

Est payment $3,321/mo

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Time on Jump 55 day

AI Summary *

Cash-flowing triplex in a prime downtown Kingston location.
Fully rented with strong annual income and low operating expenses.
Each unit has in-suite laundry and dedicated parking for tenants.
Well-maintained building with extensive recent upgrades throughout.
High ceilings and exposed brick for attractive living spaces.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 33,495 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Attention investors and queen's university parents! Beautifully kept cash-flowing legal non-conforming triplex in prime downtown kingston location! Aggressively priced and fully rented with a 7. 28% cap rate and immediate cash flow. Unit #1 (1br): $1,600/month, unit #3 (1br): $1, unit #2 (2br): $1,900/month for a total gross income of $61,200 annually. Operating expenses are $12,440 (taxes: $4,568, insurance: $2,210, utilities: $5,662) for an noi of $48,760 with upside potential to $55,000+ through strategic rent increases. Each unit features in-suite laundry and dedicated parking-a rare combination that commands premium rents. The building is in excellent condition with extensive recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. High ceilings and exposed brick throughout make units highly attractive to tenants. This is a turnkey investment with quality tenants in place, low operating costs, and strong cash flow from day one. Perfect for first-time multi-family investors or experienced landlords looking for a solid performing asset in kingston's strong rental market. Easy showings available-call, text, or email to book your viewing.

Listing IDX12615750

Address341 Division Street

CityKingston, Ontario

Price$669,900

Bed / Bath4 / 3 Full

Style2-Storey, Triplex

ConstructionVinyl Siding, Brick

TypeMulti-Family

StatusFor Sale

Extras

Subtype TriplexIndoor Features NoneOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 5.00

Listing Agency:
RE/MAX RISE EXECUTIVES, BROKERAGE

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Listing Agency:
RE/MAX RISE EXECUTIVES, BROKERAGE

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For Sale - 341 Division Street, Kingston, Ontario

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Property Info

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Market Info

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