Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

160 King Street E, Kingston, ON K7L 3A2 (King St E and Lower Union St)
$ 1680000 - MLS : X13047504

From Our Gallery

Description

EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term.

Location Description

King St E and Lower Union St

Property Detail

Community: 14 - Central City East
Property Type: Tenant/Residential Freehold
Bedrooms: 9
Bath: 5
Garages: None
Annual Property Taxes : $ 9558.99

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Brick-Stucco (Plaster)
Total Parking Space : 1
Parking Type : None

Amenities

Heating : BaseboardElectric
Sewer : Sewer ,

Listing Contracted With: RE/MAX RISE EXECUTIVES, BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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