$1,780,000

Investment For Sale In Sydenham, Kingston (Central City East), Ontario

$1,780,000

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

Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.