493 College Street Kingston, Ontario K7L 4M8
$1,623,000
GREAT INCOME, bringing in $132,000 of yearly rent. Fully RENOVATED 4-PLEX in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, new 400-AMP electrical and plumbing systems, too. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at a great current market rate. Great returns on this property with minimal effort required, no work at all to be done on this property for a long time. Total yearly expenses for taxes, maintenance, property manager, utilities, and insurance are $18,000/year. Schedule your private viewing today. (id:61445)
Property Details
| MLS® Number | X12908360 |
| Property Type | Multi-family |
| Community Name | 14 - Central City East |
| AmenitiesNearBy | Public Transit |
| EquipmentType | None |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | None |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 11 |
| Age | 51 To 99 Years |
| Amenities | Fireplace(s) |
| Appliances | Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement |
| BasementType | Full, N/a (finished), N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Aluminum Siding |
| FireProtection | Smoke Detectors |
| FireplacePresent | Yes |
| FoundationType | Block |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Forced Air, Heat Pump, Not Known |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 125 Ft |
| SizeTotalText | 45 X 125 Ft|under 1/2 Acre |
| ZoningDescription | A |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.17 m | 4.4 m | 4.17 m x 4.4 m |
| Second Level | Bedroom 2 | 3.8 m | 3.33 m | 3.8 m x 3.33 m |
| Second Level | Bedroom 3 | 4.15 m | 2.97 m | 4.15 m x 2.97 m |
| Second Level | Kitchen | 3.8 m | 3.16 m | 3.8 m x 3.16 m |
| Second Level | Living Room | 5.35 m | 3.62 m | 5.35 m x 3.62 m |
| Second Level | Bathroom | 2.7 m | 1.81 m | 2.7 m x 1.81 m |
| Basement | Kitchen | 1.56 m | 5 m | 1.56 m x 5 m |
| Basement | Dining Room | 2.18 m | 1.66 m | 2.18 m x 1.66 m |
| Basement | Living Room | 3.91 m | 6.83 m | 3.91 m x 6.83 m |
| Basement | Bathroom | 2.14 m | 1.5 m | 2.14 m x 1.5 m |
| Basement | Primary Bedroom | 3.79 m | 3.54 m | 3.79 m x 3.54 m |
| Basement | Bedroom 2 | 3.79 m | 3.07 m | 3.79 m x 3.07 m |
| Basement | Bedroom 3 | 3.79 m | 2.7 m | 3.79 m x 2.7 m |
| Main Level | Kitchen | 4.17 m | 2.41 m | 4.17 m x 2.41 m |
| Main Level | Living Room | 5.14 m | 3.65 m | 5.14 m x 3.65 m |
| Main Level | Kitchen | 2.12 m | 4.23 m | 2.12 m x 4.23 m |
| Main Level | Dining Room | 1.41 m | 2.06 m | 1.41 m x 2.06 m |
| Main Level | Living Room | 2.35 m | 2.86 m | 2.35 m x 2.86 m |
| Main Level | Bedroom | 2.97 m | 2.95 m | 2.97 m x 2.95 m |
| Main Level | Bathroom | 2.78 m | 1.51 m | 2.78 m x 1.51 m |
| Main Level | Bathroom | 2.66 m | 1.82 m | 2.66 m x 1.82 m |
| Main Level | Primary Bedroom | 4.15 m | 3.31 m | 4.15 m x 3.31 m |
| Main Level | Bedroom 2 | 3.79 m | 3.31 m | 3.79 m x 3.31 m |
| Main Level | Bedroom 3 | 2.98 m | 2.59 m | 2.98 m x 2.59 m |
| Main Level | Bedroom 4 | 3.76 m | 3.19 m | 3.76 m x 3.19 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Interested?
Contact us for more information
Pierre Nadeau
Broker
1-695 Innovation Dr
Kingston, Ontario K7K 7E6
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 23 2026 02:10:56
Exp Realty, Brokerage