80 Thomas St, Kingston, Ontario

Multi-Family for Sale in Kingston

80 Thomas St, Kingston, ON

  • CA$1,099,000
  • 5 BEDS
  • 3 BATHS
  • CA$1,099,000

Multi-Family for Sale in Kingston

80 Thomas St, Kingston, ON

  • CA$1,099,000
  • 5 BEDS
  • 3 BATHS
  • CA$1,099,000

Key Facts

  • MLS® #: X13562722
  • Property ID: SIRC3502446
  • Property Type: Residential, Triplex
  • Interior Area¹: 2500-3000 sq.ft.
  • Lot Size¹: 40.58x130.66 ft.
  • Bedrooms: 5
  • Bathrooms: 3
  • Parking Spaces: 6
  • Listed By:
  • RE/MAX FINEST REALTY INC., BROKERAGE

Property Description

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!

Rooms

  • TypeLevelDimensionsFlooring
  • BedroomGround floor11' 10.1" x 12' 1.2"Other
  • Living roomGround floor15' 9.3" x 13' 8.9"Other
  • KitchenGround floor9' 11.6" x 11' 4.6"Other
  • BathroomGround floor5' 3.3" x 7' 9.7"Other
  • Laundry roomGround floor7' 9.7" x 9' 10.8"Other
  • UtilityGround floor7' 9.3" x 7' 3.4"Other
  • Bedroom2nd floor10' 5.9" x 14' 5.2"Other
  • Bedroom2nd floor10' 4" x 10' 10.7"Other
  • Bathroom2nd floor5' 8.8" x 7' 4.5"Other
  • Living room2nd floor13' 11.7" x 11' 5"Other
  • Dining room2nd floor13' 11.7" x 7' 5.3"Other
  • Kitchen2nd floor11' 11.7" x 11' 6.5"Other
  • Bedroom3rd floor10' 4.4" x 14' 4.8"Other
  • Bedroom3rd floor10' 5.1" x 11' 4.2"Other
  • Living room3rd floor14' 11" x 18' 10.7"Other
  • Kitchen3rd floor11' 10.5" x 11' 3.8"Other

Listing Agents

RE/MAX FINEST REALTY INC., BROKERAGE

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Location

80 Thomas St, Kingston, Ontario, K7K 2E3 Canada

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