80 Thomas Street Kingston, Ontario K7K 2E3

5 Bedroom 3 Bathroom 2,500 - 3,000 ft2
None Forced Air

$1,099,000

80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: a new roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot for 3-4 cars are just a few of the many reasons that this is the ideal spot for tenants. Its central location is a quick 5-minute walk to the K&P Trail, a 10-minute walk to the Cataraqui River, and a 2-minute walk to Regiopolis Notre Dame High School. It is also a 3-minute drive to downtown Kingston and to central Kingston amenities. A rare opportunity in an ideally-situated area of the city, on the gentrifying edge of Kingston's downtown core. Current te 80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2 two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: anew roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot. This turnkey triplex is priced at a near 5% cap rate and won't last long! (id:29295)

Property Details

MLS® Number X13562722
Property Type Multi-family
Community Name 22 - East of Sir John A. Blvd
Equipment Type Water Heater - Gas, Water Heater, Dryer(s), Washer(s)
Parking Space Total 6
Rental Equipment Type Water Heater - Gas, Water Heater, Dryer(s), Washer(s)

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Stove, Refrigerator
Basement Type Full
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 130 Ft ,8 In
Size Frontage 40 Ft ,7 In
Size Irregular 40.6 X 130.7 Ft
Size Total Text 40.6 X 130.7 Ft

Rooms

Level Type Dimensions
Second Level Dining Room 2.27 m x 4.26 m
Second Level Kitchen 3.52 m x 3.65 m
Second Level Bedroom 4.4 m x 3.2 m
Second Level Bedroom 2 3.32 m x 3.15 m
Second Level Bathroom 2.25 m x 1.75 m
Second Level Living Room 3.48 m x 4.26 m
Third Level Bedroom 4.39 m x 3.16 m
Third Level Bedroom 2 3.46 m x 3.18 m
Third Level Living Room 5.76 m x 4.27 m
Third Level Kitchen 3.45 m x 3.62 m
Ground Level Bedroom 3.69 m x 3.61 m
Ground Level Living Room 4.19 m x 4.81 m
Ground Level Kitchen 3.47 m x 3.04 m
Ground Level Bathroom 2.38 m x 1.61 m
Ground Level Laundry Room 3.02 m x 2.38 m
Ground Level Utility Room 2.22 m x 2.37 m

https://www.realtor.ca/real-estate/30032074/80-thomas-street-kingston-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd

Matt Thibault
Broker

(613) 985-3440
greathouserealestate.ca/

RE/MAX Finest Realty Inc., Brokerage
105-1329 Gardiners Rd
Kingston, Ontario K7P 0L8

(613) 389-7777
remaxfinestrealty.com/