College Street

Canada

The Refinement of

Private Design

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Pat Nadeau -

Presented At

$1,180,809

Bedrooms

Bathrooms

Living

2,363

SQFT

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493

College Street

Canada

493 College Street, Kingston, Ontario, Canada. , Kingston , Ontario

Outstanding Income Opportunity!

This fully renovated four-plex offers an impressive $132,000 annual income and a 6.7% cap rate; truly turnkey with nothing left to do. Ideally located between Queen's University, St. Lawrence College, and the Teachers' College, this property attracts quality tenants and ensures consistent returns. The building has been completely redone from top to bottom, featuring a 400-AMP electrical service, new plumbing, a brand-new lower-level 3-bedroom apartment, updated kitchens, bathrooms, and flooring, plus an Accessory Dwelling Unit (ADU) for added versatility. Financial highlights include: gross Income $132,000, operating expenses $20,745 (taxes: $6,068, utilities $3,000, maintenance $2,400, management $5,280, insurance $3,997); and net operating income $111,255. A solid, well-managed investment in a prime central location

modern, efficient, and fully rented with great tenants.

This is the ideal hands

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493

College Street

Canada

Property Location

493 College Street, Kingston, Ontario, Canada., Kingston Ontario

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 493 College Street, Kingston, Ontario, Canada have?

This house at 493 College Street, Kingston, Ontario, Canada features 11 bedrooms with 2,363 square feet of living space.

What is the size of 493 College Street, Kingston, Ontario, Canada?

This property offers 2,363 square feet of living space.

What is the listing price for 493 College Street, Kingston, Ontario, Canada?

This property is listed at $118,080,900, which equals $49971 per square foot.

Is now a good time to buy a home in Kingston?

Based on current market indicators, Kingston shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What is the climate like in Kingston?

Kingston features a pleasant climate. Average temperatures range from 39°F in winter to 53°F in summer. The area receives approximately 44.9 inches of precipitation annually. There are about 157 days with rain throughout the year. Expect around 84 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Kingston?

Kingston tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 493 College Street, Kingston, Ontario, Canada?

This is a house located in Kingston, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.

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