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$1,780,000

160 KING STREET E, Kingston (Central City East), Ontario, K7L 3A2

MLS® # X12695554

Kingston (Central City East) ON, K7L 3A2

MLS® # X12695554

Property Information:

EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Stucco
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Window air conditioner
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7+2
  • Bathrooms: 5
  • Features: Carpet Free
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 55.5 Feet
  • Lot Frontage: 24.1 Feet
  • Lot Size: 24.1 x 55.5 FT
  • View Type: Lake view
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 1

Rooms:

  • Bathroom 2nd Level 1.81 m x 2.79 m
  • Laundry 2nd Level 3.45 m x 3.80 m
  • Other 2nd Level 3.70 m x 2.17 m
  • Kitchen 2nd Level 2.55 m x 2.62 m
  • Living 2nd Level 3.58 m x 4.36 m
  • Bathroom 2nd Level 1.59 m x 1.21 m
  • Kitchen 2nd Level 3.61 m x 4.27 m
  • Living 2nd Level 3.07 m x 4.27 m
  • Bedroom 2nd Level 3.11 m x 4.13 m
  • Living Basement Level 4.62 m x 4.50 m
  • Bedroom Basement Level 3.21 m x 3.62 m
  • Bedroom Basement Level 2.77 m x 3.62 m
  • Bathroom Basement Level 2.45 m x 2.86 m
  • Utility Basement Level 1.86 m x 4.05 m
  • Kitchen Main Level 2.41 m x 2.83 m
  • Dining Main Level 2.41 m x 1.52 m
  • Living Main Level 2.49 m x 4.30 m
  • Bedroom Main Level 3.25 m x 2.74 m
  • Bathroom Main Level 1.54 m x 2.69 m
  • Mudroom Main Level 3.28 m x 1.99 m
  • Other Main Level 3.82 m x 4.43 m
  • Kitchen 1.68 m x 2.52 m
  • Living 3.49 m x 5.79 m
  • Bedroom 3.21 m x 3.27 m
  • Bedroom 3.21 m x 3.22 m
  • Bathroom 2.05 m x 2.20 m

Convert Measurement to:


Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

REALTOR.ca  

Potential Investment Performance

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Location of 160 KING STREET E, Kingston (Central City East), Ontario, K7L 3A2

Demographic Information of 160 KING STREET E, Kingston (Central City East), Ontario, K7L 3A2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$160,940.06

Average Number of Children

1.39

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

2.85 %

High school certificate or equivalent

20.64 %

Apprenticeship trade certificate/diploma

1.62 %

College/non-university certificate

16.99 %

University certificate (below bachelor)

1.48 %

University Degree

56.42 %

Commuter

Travel To Work

By Car

30.64 %

By Public Transit

6.87 %

By Walking

53.42 %

By Bicycle

0.27 %

By Other Methods

8.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.61 %

Houses

9.39 %

Own Vs. Rent