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124 Ford Street, Kingston, ON, K7K 4Z6

MLS® # 40593186
Investment For Sale In Rideau Heights, Kingston, Ontario
$649,900
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
Virtual Tour
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
124 Ford Street, Kingston, ON
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124 Ford Street, Kingston, ON, K7K 4Z6
$649,900

Property Information:

Quality Investment Property with a ton of parking and a huge detached double car garage/workshop! This Triplex is separately metered so tenants can pay their own utilities. 2 of the 3 Units are currently rented with the owner leaving one of the 3-bedroom units vacant at the end of June to allow a new landlord to choose their own tenants and set their own rents. Property consists of 2- 3 Bedroom Units and 1-2 Bedroom Unit. The property is rented as follows: 1-3 Bedroom for $1200 month to month. 1-2 Bedroom unit rented for $850 month to month. 1-3 Bedroom Unit tenant set to move out at the end of June, New owner can set own rent. Bonus Coin operated laundry in the basement for additional income and a massive parking area behind the property that could also be used to bring in more income if you charged for parking or to use to the garage. This is an excellent investment opportunity with plenty of upside with future rent increases. With market rents would be over 7% Cap Rate. Call, text or email for more information.

Inclusions: Other,Dryer, Refrigerator X 2 , Stove X 2, Washer

Building Features:

  • Floor Space: 2240.96

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1967
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 2240.96 Square Feet
  • Heating: Baseboard
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 160 Feet
  • Lot Features: Rectangular, Park
  • Lot Frontage: 50.00 Feet
  • Parking Features: Detached Garage, Exclusive
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: UR10
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: Re/Max Rise Executives, Brokerage

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 124 Ford Street, Kingston, ON, K7K 4Z6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

37 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

37 hot days expected in 2050

58/100

High

ClimateCheck®

Current data

This property, 124 Ford Street , experiences 7 hot days per year at around 29.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 33.3 degrees Celsius.

Projected Avg. Temperature

Past
29.6℃
2050
33.3℃

# Hot Days Per Year

Past
7
2050
37

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 124 Ford Street , experiences 11 significant 2-day storms per year, with about 331.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 416.5mm of precipitation per year.

Precipitation Per Storm

Past
331.2mm
2050
416.5mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 124 Ford Street, Kingston, ON, K7K 4Z6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$75,532.41

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.88 %

High school certificate or equivalent

37.91 %

Apprenticeship trade certificate/diploma

6.47 %

College/non-university certificate

22.78 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

88.2 %

By Public Transit

7.58 %

By Walking

1.46 %

By Bicycle

0.28 %

By Other Methods

2.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.6 %

Houses

76.4 %

Own Vs. Rent