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Royal LePage
Royal LePage
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$1,050,000

Kingston (East Of Sir John A. Blvd) ON, K7K 3A7

MLS® # X12381135

Property Information:

Exceptional investment opportunity with this well-maintained 5 unit multiplex, situated near Kingston's vibrant downtown core, along with K.G.H & Queens University. Offering a balanced mix of apartments & the benefit of parking for 4 vehicles, this property is attractive to current & future renters alike. This solid multi-unit has a steady rental history, & low-maintenance operating structure, making it a valuable addition to any investment portfolio. Don't miss your chance to secure this proven income-producing property in downtown Kingston, one of the most desirable rental markets. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Block, Stone
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10+1
  • Bathrooms: 5
  • Features: Irregular lot size
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 106.0 Feet
  • Lot Frontage: 46.1 Feet
  • Lot Size: 46.1 x 106 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Living Main Level 1.00 m x 1.00 m
  • Kitchen Main Level 1.00 m x 1.00 m
  • Bedroom Main Level 1.00 m x 1.00 m

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⚠ Potential Investment Performance

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Location of 271-273 RIDEAU STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 3A7

Demographic Information of 271-273 RIDEAU STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 3A7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,421.54

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.2 %

High school certificate or equivalent

26.99 %

Apprenticeship trade certificate/diploma

4.99 %

College/non-university certificate

23.78 %

University certificate (below bachelor)

1.42 %

University Degree

31.63 %

Commuter

Travel To Work

By Car

48.54 %

By Public Transit

7.57 %

By Walking

34.76 %

By Bicycle

6.71 %

By Other Methods

2.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.93 %

Houses

64.07 %

Own Vs. Rent

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