85 WILLIAM STREET, Kingston, Ontario
$1,650,000
- 10 Beds
- 5 Baths
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. (id:56241)
- Listing ID: X12194384
- Property Type: Multi-family
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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 85 WILLIAM STREET in Kingston Ontario. It was last modified on June 20th, 2025. Contact us to schedule a viewing or to discover other Kingston real estate for sale.