493 COLLEGE Street, Kingston, ON K7L 4M8
Kingston, ON, K7L 4M8 · 14 - Central City East
About this property
GREAT INCOME, bringing in $132,000 of yearly 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, new 400-AMP electrical and plumbing systems, too. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at a great current market rate. Great returns on this property with minimal effort required, no work at all to be done on this property for a long time. Total yearly expenses for taxes, maintenance, property manager, utilities, and insurance are $18,000/year. Schedule your private viewing today.
Features & Amenities
- Basement: Full, Finished, Apartment
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 11 |
| Bathrooms | 4 |
| Lot Size | 0 Feet |
| Basement | Full, Finished, Apartment |
| Garage | Detached |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $6,067 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater Owned
- Fireplace
- Yes
- Fireplace Features
- Electric
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Block
- Roof
- Asphalt Shingle
- Basement
- Full, Finished, Apartment
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 6.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Area
- 0.13
- Lot Size Units
- Feet
- Lot Depth
- 125.00
- Lot Width
- 45.00
Community & Neighborhood
- Property Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $6,067
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 15
- Rooms Below Grade
- 6
- Kitchens Above Grade
- 3
- Kitchens Total
- 4
- Bedrooms Above Grade
- 8
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Frontenac
- Cross Street
- Princess Street to Regent Street to Park Street to College Street.
- Directions
- Princess Street to Regent Street to Park Street to College Street.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
493 COLLEGE Street, Kingston, ON K7L 4M8, Kingston, ON, K7L 4M8