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85 WILLIAM STREET
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85 WILLIAM STREET $1,790,000
$1,790,000
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85 WILLIAM STREET
Kingston (Central City East), Ontario K7L2C6

MLS® Number: X12194384
8 + 2
Bedrooms
5
Bathrooms
2500 - 3000
Square Feet

Listing Description

Discover an outstanding investment opportunity in the heart of Sydenham Ward with this remarkable triplex. This all-brick property boasts 3 well-designed, self-contained units: a lower-level 2-bedroom unit that is currently vacant and has been renovated, a main-floor 3-bedroom unit with tenants scheduled to move out in August, and a spacious top-floor 5-bedroom unit. This arrangement provides a unique chance to maximize your rental income. 5-bedroom unit currently rented for $850 per room. Conveniently located within walking distance to Queen's University, local hospitals, vibrant downtown shops, and restaurants, and just three blocks away from the picturesque Lake Ontario, this triplex is perfectly positioned for attracting tenants. Additionally, there is ample parking available at the rear via a right-of-way. Potential income: $102,000 to $115,000. Expenses: insurance $6,900.00, utilities 4,200.00, maintenance $3,000.00, and taxes $10,993. This is a fantastic opportunity to enhance your investment portfolio or to occupy one of the units while benefiting from rental income from the others. Don't miss out, schedule your private viewing today. (40606893)

Location Description

Between Bagot Street and Wellington Street

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
14 - Central City East
Land Size
50 x 112 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$10,993.93
Parking Type
No Garage
Time on REALTOR.ca
22 days

Building

Bedrooms
Above Grade
8
Below Grade
2
Bathrooms
Total
5
Partial
1
Interior Features
Basement Features
Apartment in basement
Basement Type
N/A (Finished)
Building Features
Foundation Type
Stone
Fire Protection
Smoke Detectors
Rental Equipment
Water Heater
Structures
Porch
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Beach, Hospital, Marina
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Main level
Kitchen
Dining room
Living room
Primary Bedroom
Bedroom 2
Bedroom 3
Second level
Primary Bedroom
Bedroom 2
Bedroom 3
Den
Third level
Bedroom
Bedroom 2
Basement
Kitchen
Bedroom
Bedroom 2
Den

Land

Lot Features
Frontage
50 ft
Land Depth
112 ft
View
City view
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
613-539-9950
REALTOR® Website
Email
Book showing
EXP REALTY, BROKERAGE
Brokerage
225-427 PRINCESS ST
KINGSTON, Ontario K7L5S9
866-530-7737
Office Website

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