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Chuck Bennett

info@nelsonproperty.com +1(778) 671-0969

$ 1,790,000

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85 WILLIAM STREET Kingston (central City East), ON K7L2C6

10 Beds

5 Baths

2,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $716

Subdivision 14 - Central City East

MLS® Listing ID X12194384

Bedrooms 10

Half Baths 1

Source Kingston & Area Real Estate Association

Property Description

Discover an outstanding investment opportunity in the heart of Sydenham Ward with this remarkable triplex. This all-brick property boasts 3 well-designed, self-contained units: a lower-level 2-bedroom unit that is currently vacant and has been renovated, a main-floor 3-bedroom unit with tenants scheduled to move out in August, and a spacious top-floor 5-bedroom unit. This arrangement provides a unique chance to maximize your rental income. 5-bedroom unit currently rented for $850 per room. Conveniently located within walking distance to Queen's University, local hospitals, vibrant downtown shops, and restaurants, and just three blocks away from the picturesque Lake Ontario, this triplex is perfectly positioned for attracting tenants. Additionally, there is ample parking available at the rear via a right-of-way. Potential income: $102,000 to $115,000. Expenses: insurance $2,200.00, utilities 4,200.00, maintenance $3,000.00, and taxes $10,993. This is a fantastic opportunity to enhance your investment portfolio or to occupy one of the units while benefiting from rental income from the others. Don't miss out, schedule your private viewing today. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 5.61 m X 4.6 m Primary Bedroom

Extra Room 2 Second level 3.85 m X 4.13 m Bedroom 2

Extra Room 3 Second level 3.94 m X 4.13 m Bedroom 3

Extra Room 4 Second level 2.56 m X 3.38 m Den

Extra Room 5 Third level 3.14 m X 8.1 m Bedroom

Extra Room 6 Third level 3.14 m X 5.5 m Bedroom 2

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N Yes

View City view

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Listed by EXP REALTY, BROKERAGE

Chuck Bennett

Managing Broker

+1(778) 671-0969

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Homes For Sale in Nelson, BC

Chuck Bennett

85 WILLIAM STREET Kingston (central City East), ON K7L2C6

Key Details

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Rooms

Interior

Exterior

Building

Others

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85 WILLIAM STREET