1348 PRINCESS STREET, Kingston, Ontario

$749,900

6 Beds
3 Baths

This fully tenanted triplex presents an exceptional investment opportunity in a highly convenient central location. The property features three spacious 2-bedroom units, each offering a full bathroom, in-suite laundry, and bright, functional layouts that attract quality tenants. Apartment #1 is rented for $1,800/month, while Apartments #2 and #3 each rent for $1,600/month. Tenants pay their own Heat and Hydro, with the Landlord covering Water and Sewer, ensuring straightforward management and consistent cash flow. Ideally situated near the Kingston Centre, downtown Kingston, Queen's University, and St. Lawrence College, this property provides excellent accessibility and strong rental demand. With easy transit access, close proximity to Highway 401, and nearby amenities including shops, restaurants, and Kingston's vibrant waterfront, 1348 Princess Street is a turnkey investment offering stability, convenience, and growth potential in one of Ontario's most desirable rental markets. (id:56241)

Listing ID: X12477678
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.4 m x 2.34 m
Living room	Second level	4.48 m x 5.44 m
Office	Second level	3.42 m x 2.45 m
Primary Bedroom	Second level	3.67 m x 3.65 m
Bathroom	Second level	1.47 m x 2.5 m
Bedroom	Second level	3.11 m x 3.68 m
Dining room	Second level	3.39 m x 1.83 m
Bathroom	Third level	1.55 m x 2.2 m
Bedroom	Third level	3.45 m x 3.11 m
Bedroom	Third level	5.04 m x 2.6 m
Bathroom	Main level	1.67 m x 2.9 m
Bedroom	Main level	3.42 m x 2.89 m
Bedroom	Main level	4.53 m x 2.58 m
Kitchen	Main level	3.9 m x 2.89 m
Recreational, Games room	Main level	7.65 m x 3.15 m
Other	Main level	4.79 m x 2.38 m
Utility room	Main level	3.37 m x 2.63 m

Details

Amenities Nearby: Public Transit
Parking Spaces: 5
Transaction: For sale
Zoning Description: CA

Building

Amenities: Separate Heating Controls
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
BasementType: N/A, N/A (Finished), Full, N/A
Basement Development: Finished
Basement Features: Separate entrance, Walk-up
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Cooling: None
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 3
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 1500 - 2000 sqft
Stories Total: 1.5
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Public Transit
Sewer: Sanitary sewer
Size Frontage: 53 ft
Size Irregular: 53 x 200 FT

Listing provided by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1348 PRINCESS STREET in Kingston Ontario. It was last modified on October 23rd, 2025. Contact us to schedule a viewing or to discover other Kingston real estate for sale.

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