1348 Princess Street Kingston, Ontario K7M 3E2
$749,900
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:29295)
Property Details
| MLS® Number | X12477678 |
| Property Type | Multi-family |
| Community Name | 25 - West of Sir John A. Blvd |
| Amenities Near By | Public Transit |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Walk-up |
| Basement Type | N/a, N/a (finished), Full, N/a |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 200 Ft |
| Size Frontage | 53 Ft |
| Size Irregular | 53 X 200 Ft |
| Size Total Text | 53 X 200 Ft|under 1/2 Acre |
| Zoning Description | Ca |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.4 m | 2.34 m | 3.4 m x 2.34 m |
| Second Level | Living Room | 4.48 m | 5.44 m | 4.48 m x 5.44 m |
| Second Level | Office | 3.42 m | 2.45 m | 3.42 m x 2.45 m |
| Second Level | Primary Bedroom | 3.67 m | 3.65 m | 3.67 m x 3.65 m |
| Second Level | Bathroom | 1.47 m | 2.5 m | 1.47 m x 2.5 m |
| Second Level | Bedroom | 3.11 m | 3.68 m | 3.11 m x 3.68 m |
| Second Level | Dining Room | 3.39 m | 1.83 m | 3.39 m x 1.83 m |
| Third Level | Bathroom | 1.55 m | 2.2 m | 1.55 m x 2.2 m |
| Third Level | Bedroom | 3.45 m | 3.11 m | 3.45 m x 3.11 m |
| Third Level | Bedroom | 5.04 m | 2.6 m | 5.04 m x 2.6 m |
| Main Level | Bathroom | 1.67 m | 2.9 m | 1.67 m x 2.9 m |
| Main Level | Bedroom | 3.42 m | 2.89 m | 3.42 m x 2.89 m |
| Main Level | Bedroom | 4.53 m | 2.58 m | 4.53 m x 2.58 m |
| Main Level | Kitchen | 3.9 m | 2.89 m | 3.9 m x 2.89 m |
| Main Level | Recreational, Games Room | 7.65 m | 3.15 m | 7.65 m x 3.15 m |
| Main Level | Other | 4.79 m | 2.38 m | 4.79 m x 2.38 m |
| Main Level | Utility Room | 3.37 m | 2.63 m | 3.37 m x 2.63 m |
Mary Kathryn Mackenzie
Salesperson
www.mkmackenzie.com/
80 Queen St
Kingston, Ontario K7K 6W7
(613) 544-4141
www.discoverroyallepage.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 23 2025 01:21:56
Kingston & Area Real Estate Association
Royal LePage Proalliance Realty, Brokerage