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    For Sale - 759 High Gate Park Drive, Kingston, Ontario

    Est payment $3,885/mo
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    Views   1
    Time on Jump  3 day

    AI Summary *

    • Turnkey triplex offers three self-contained, fully renovated units.
    • Projected rental income of $5,295/month with tenants covering utilities.
    • Vacant units allow for selecting own tenants or owner-occupancy.
    • Extensive improvements include new kitchens, bathrooms, and updated systems.
    • Each unit has designated parking and the property is fenced on three sides.




    Turnkey triplex in kingston - fully renovated and vacant (lower units will be advertised for rent shortly). Exceptional investment opportunity offering three self-contained units, extensive renovations, and projected rental income of $5,295/month ($63,540 annually), with tenants paying their own separately metered utilities. This triplex features a spacious 3-bedroom, 1-bathroom main-floor unit with projected rent of $2,195/month, plus two lower-level 1-bedroom, 1-bathroom units with projected rents of $1,575 and $1,525/month. All three units are currently vacant, allowing investors to select their own tenants and establish leases at current market rents, or offering an excellent opportunity for owner-occupancy with additional rental income. Extensive improvements include a new roof, some new windows and doors, three new kitchens, two new bathrooms, new flooring and fresh paint throughout, new basement insulation, plumbing upgrades, acoustic panels, two dedicated hrv systems, and three new hot water tanks. The property features 200-amp electrical service with three individual 100-amp panels, separately metered utilities, a gas furnace and central a/c for the main-floor unit, and electric baseboard heating for the lower units. Each unit benefits from its own designated parking space, complemented by fencing on three sides of the property. Offering approximately 2,040 sq. Ft. Of total interior floor area across both levels, this extensively updated property provides a rare opportunity to acquire a vacant, income-producing legal triplex without the challenges of inheriting existing tenancies. An excellent addition to any investment portfolio!
    Listing IDX14095612
    Address759 High Gate Park Drive
    CityKingston, Ontario
    Price$809,000
    Bed / Bath5 / 3 Full
    StyleBungalow, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement Partially FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: REAL BROKER ONTARIO LTD., 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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    759 High Gate Park Drive
    Kingston , Ontario
    5 3 $809,000
    Get more info