418 College Street, Kingston - $1,049,000 | Modern Solution

418 College Street

418 College Street, Kingston

418 College Street in Kingston - 8 bedroom, 3 bathroom. Listed at $1,049,000.

Incredible Value for this Purpose - built, legal triplex in superb condition - perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen's University, St Lawrence College and the Teacher's College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location - this is a must see! Don't miss out on this great opportunity! Check out the Virtual Tour link - IGuide to see this amazing Triplex.This is the one you've been waiting for - Schedule your viewing today.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 6 spaces
  • Property Taxes: $7,066.4/yr
  • Neighbourhood: 14 - Central City East
  • Postal Code: K7L 4M7

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