Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step!
Address
717 King Street W
List Price
$1,799,999
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Kingston
Sub-Area
18 - Central City West
Region
Frontenac
Bedrooms
16
Bedrooms (Total)
16
Rooms Above Grade
28
Bathrooms
7
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
164
Lot Size Units
Feet
Lot Width
75
Parcel Number
360140124
Occupant Type
Tenant
Cross Street
King St W Bwt Mcdonald & Mowat
MLS® Number
X13463654
Listing Brokerage
SUTTON GROUP-HERITAGE REALTY INC.
Basement Area
Apartment
Postal Code
K7M 2G3
Posession Details
TBD
Parking Places (Total)
10
Parking Spaces
10
Tax Amount
$8,783.00
Tax Year
2025
Site Influences
Hospital, Porch, Public Transit
Exterior Features
Porch
Interior Features
Air Exchanger, Sewage Pump, Carpet Free
Property Features
Hospital, Public Transit
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Concrete, Stone
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 12 N/S KING ST PL 54 KINGSTON CITY; PT LT 12 S/S BAIDEN ST PL 54 KINGSTON CITY; PT LT 13 N/S KING ST PL 54 KINGSTON CITY; PT LT 13 S/S BAIDEN ST PL 54 KINGSTON CITY AS IN FR644024; KINGSTON ; THE COUNTY OF FRONTENAC
Security Features
Smoke Detector, Carbon Monoxide Detectors
Waterfront
No
Waterfront
None
Sewer
Sewer
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