85 William Street Kingston, Ontario K7L 2C6
$1,790,000
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 $6,900.00, 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:50886)
Property Details
| MLS® Number | X12194384 |
| Property Type | Multi-family |
| Neigbourhood | Sydenham |
| Community Name | 14 - Central City East |
| Amenities Near By | Beach, Hospital, Marina |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| View Type | City View |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 10 |
| Age | 100+ Years |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Hospital, Marina |
| Sewer | Sanitary Sewer |
| Size Depth | 112 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 112 Ft |
| Size Total Text | 50 X 112 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 5.61 m | 4.6 m | 5.61 m x 4.6 m |
| Second Level | Bedroom 2 | 3.85 m | 4.13 m | 3.85 m x 4.13 m |
| Second Level | Bedroom 3 | 3.94 m | 4.13 m | 3.94 m x 4.13 m |
| Second Level | Den | 2.56 m | 3.38 m | 2.56 m x 3.38 m |
| Third Level | Bedroom | 3.14 m | 8.1 m | 3.14 m x 8.1 m |
| Third Level | Bedroom 2 | 3.14 m | 5.5 m | 3.14 m x 5.5 m |
| Basement | Kitchen | 3.13 m | 4.2 m | 3.13 m x 4.2 m |
| Basement | Bedroom | 3.41 m | 4.67 m | 3.41 m x 4.67 m |
| Basement | Bedroom 2 | 3.65 m | 5.82 m | 3.65 m x 5.82 m |
| Basement | Den | 3.69 m | 3.52 m | 3.69 m x 3.52 m |
| Main Level | Kitchen | 2.83 m | 3.81 m | 2.83 m x 3.81 m |
| Main Level | Dining Room | 3.7 m | 1.33 m | 3.7 m x 1.33 m |
| Main Level | Living Room | 3.7 m | 3.59 m | 3.7 m x 3.59 m |
| Main Level | Primary Bedroom | 3.23 m | 4.78 m | 3.23 m x 4.78 m |
| Main Level | Bedroom 2 | 4.05 m | 4.71 m | 4.05 m x 4.71 m |
| Main Level | Bedroom 3 | 2.77 m | 4.9 m | 2.77 m x 4.9 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Contact Us
Contact us for more information
Pierre Nadeau
Broker
www.nadeaurealestategroup.com/
225-427 Princess St
Kingston, Ontario K7L 5S9
(866) 530-7737
www.exprealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 06 2025 05:22:28
Kingston & Area Real Estate Association
Exp Realty, Brokerage