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About the Listing 285441 -
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.
Listing Highlights for 85 William St
Status
Active
Days on Site
98
Property Type
Multi-Family
MLS ®
X12194384
Year Built
Total Square Footage
2,500
Lot/Acreage
0.13
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Finished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Porch
- Sewer: Sewer
- Parking Features: Private,Right Of Way
Financial Details
- Tax Amount: $10,994
- Taxes w/Assessments: N/A
- Tax/Property ID: 360420019
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
85 William St Kingston, ON K7L 2C6
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