
Kingston, ON K7K 4A7
Legal duplex in a prime central Kingston location near Queen's University, downtown, transit and amenities. Well-maintained and fully tenanted, this property offers two self-contained units with in-suite laundry and separately metered utilities. The upper unit rents for $1,925per month plus utilities and the lower unit rents for $1,795 per month plus utilities, owner responsible for gas for the forced air heating system. Excellent condition throughout, with potential for future intensification, including the possibility of 3 units in the main building and a 4th carriage house unit, subject to buyer due diligence, approvals and municipal requirements. Strong investor opportunity with stable income and future upside. Data room and financials accessible via the link below.
TRREB MLS® Attribution
MLS® X12972952
Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,974
/month · $487,200 mortgage
Amortization
Total Interest
$404,948
Total Cost
$892,148
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX RISE EXECUTIVES, BROKERAGE