Kingston (West Of Sir John A. Blvd) ON, K7M 3E2
Property Information:
This fully tenanted triplex presents an exceptional investment opportunity in a highly convenient central location. The property features three spacious 2-bedroom units, each offering a full bathroom, in-suite laundry, and bright, functional layouts that attract quality tenants. Apartment #1 is rented for $1,800/month, while Apartments #2 and #3 each rent for $1,600/month. Tenants pay their own Heat and Hydro, with the Landlord covering Water and Sewer, ensuring straightforward management and consistent cash flow. Ideally situated near the Kingston Centre, downtown Kingston, Queen's University, and St. Lawrence College, this property provides excellent accessibility and strong rental demand. With easy transit access, close proximity to Highway 401, and nearby amenities including shops, restaurants, and Kingston's vibrant waterfront, 1348 Princess Street is a turnkey investment offering stability, convenience, and growth potential in one of Ontario's most desirable rental markets. (id:7525)
Building Features:
- Style: Triplex
- Building Type: Triplex
- Amenities: Separate Heating Controls
- Basement Development: Finished
- Basement Type: N/A, N/A, Full, N/A
- Exterior Finish: Vinyl siding
- Floor Space: 1500 - 2000 sqft
- Foundation Type: Block
- Heating Type: Baseboard heaters
- Heating Fuel: Electric
- Cooling Type: None
- Appliances: Dryer, Stove, Washer, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 4+2
- Bathrooms: 3
- Amenities Nearby: Public Transit
- Floor Space (approx): 1500 - 2000 Square Feet
- Irregular: Yes
- Lot Depth: 200.0 Feet
- Lot Frontage: 53.0 Feet
- Lot Size: 53 x 200 FT
- Zoning: CA
- Sewer: Sanitary sewer
- Parking Type: Attached garage, Garage
- No. of Parking Spaces: 5
Rooms:
- Kitchen 2nd Level 3.40 m x 2.34 m 11.15 ft x 7.68 ft
- Living 2nd Level 4.48 m x 5.44 m 14.70 ft x 17.85 ft
- Office 2nd Level 3.42 m x 2.45 m 11.22 ft x 8.04 ft
- Primary Bedroom 2nd Level 3.67 m x 3.65 m 12.04 ft x 11.98 ft
- Bathroom 2nd Level 1.47 m x 2.50 m 4.82 ft x 8.20 ft
- Bedroom 2nd Level 3.11 m x 3.68 m 10.20 ft x 12.07 ft
- Dining 2nd Level 3.39 m x 1.83 m 11.12 ft x 6.00 ft
- Bathroom 3rd Level 1.55 m x 2.20 m 5.09 ft x 7.22 ft
- Bedroom 3rd Level 3.45 m x 3.11 m 11.32 ft x 10.20 ft
- Bedroom 3rd Level 5.04 m x 2.60 m 16.54 ft x 8.53 ft
- Bathroom Main Level 1.67 m x 2.90 m 5.48 ft x 9.51 ft
- Bedroom Main Level 3.42 m x 2.89 m 11.22 ft x 9.48 ft
- Bedroom Main Level 4.53 m x 2.58 m 14.86 ft x 8.46 ft
- Kitchen Main Level 3.90 m x 2.89 m 12.80 ft x 9.48 ft
- Recreation Room Main Level 7.65 m x 3.15 m 25.10 ft x 10.33 ft
- Other Main Level 4.79 m x 2.38 m 15.72 ft x 7.81 ft
- Utility Main Level 3.37 m x 2.63 m 11.06 ft x 8.63 ft
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⚠ Potential Investment Performance
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Market Price Trends
Location of 1348 PRINCESS STREET, Kingston (West of Sir John A. Blvd), Ontario, K7M 3E2
Demographic Information of 1348 PRINCESS STREET, Kingston (West of Sir John A. Blvd), Ontario, K7M 3E2
Life Stage
Young CouplesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$133,893.82Average Number of Children
1.66Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
15.62 %High school certificate or equivalent
23.8 %Apprenticeship trade certificate/diploma
4.51 %College/non-university certificate
25.47 %University certificate (below bachelor)
0.61 %University Degree
29.99 %Commuter
Travel To Work
By Car
83.87 %By Public Transit
4.18 %By Walking
2.6 %By Bicycle
4.56 %By Other Methods
4.79 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
11.78 %Houses
88.22 %Own Vs. Rent
1348 PRINCESS STREET, Kingston (West of Sir John A. Blvd), Ontario, K7M 3E2
