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    For Sale - 493 COLLEGE Street, Kingston, Ontario

    Est payment $7,563/mo
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    Views   1
    Time on Jump  2 day

    AI Summary *

    • Great income potential with $125,000 annual rent from the 4-plex.
    • Fully renovated with modern updates in kitchens, bathrooms, and flooring.
    • Located near Queen's University and colleges, ensuring high rental demand.
    • Each unit has its own laundry for tenant convenience.
    • Minimal ongoing effort required with all units currently rented.




    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.
    Listing IDX14098082
    Address493 COLLEGE Street
    CityKingston, Ontario
    Price$1,575,000
    Bed / Bath11 / 4 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Aluminum Siding
    Land Size0.132
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater OwnedAmenities Public TransitOwnership FreeholdBasement Full, Finished, ApartmentFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: EXP REALTY, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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