717 King Street W

717 King Street W in Kingston - 16 bedroom, 7 bathroom. Listed at $1,799,999.

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!

Property Details

Property Type: Mortgage
Style: 2-Storey
Square Footage: 4250 sqft
Basement: Apartment
Heating: Gas
Cooling: Central Air
Parking: 10 spaces
Property Taxes: $8,783/yr
Neighbourhood: 18 - Central City West
Postal Code: K7M 2G3

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