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$1,575,000
Est. payment /mo
11 Beds
4 Baths
5,750 Sqft Lot
Active
493 COLLEGE ST Kingston, ON K7L 4M8
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 14 - Central City East
MLS Listing ID X14098082
Style 2-Storey
Bedrooms 11
Annual Tax Amount $7,641
Tax Year 2026
Lot Size 5,750 Sqft
Property Sub-Type Multiplex
Property Description
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.
Location
State ON
County Frontenac
Area Frontenac
Zoning A
Rooms
Basement Full, Finished, Apartment
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplaces Type Electric
Inclusions Refrigerator (x4), stove (x4), dishwasher (x4), microwave (x4), washer/dryer stack-up (x4), and window coverings.
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Block
Others
Lited by EXP REALTY, BROKERAGE
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