493 COLLEGE ST, Kingston, ON K7L 4M8
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493 COLLEGE ST, Kingston, ON K7L 4M8
493 COLLEGE ST, Kingston, ON K7L 4M8
493 COLLEGE ST, Kingston, ON K7L 4M8
493 COLLEGE ST, Kingston, ON K7L 4M8
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Nandha Ponnusamy

Nandha Ponnusamy

+1(437) 983-2222
$ 1,575,000
Est. payment /mo
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493 COLLEGE ST Kingston, ON K7L 4M8

11 Beds

4 Baths

5,750 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 14 - Central City East

MLS Listing ID X14098082

Style 2-Storey

Bedrooms 11

Annual Tax Amount $7,641

Tax Year 2026

Lot Size 5,750 Sqft

Property Sub-Type Multiplex

Property Description

Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today.

Location

Province ON

County Frontenac

Area Frontenac

Zoning A

Rooms

Basement Full, Finished, Apartment

Kitchen 4

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplaces Type Electric

Inclusions Refrigerator (x4), stove (x4), dishwasher (x4), microwave (x4), washer/dryer stack-up (x4), and window coverings.

Exterior

Parking Features Detached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Building Age 51-99

Foundation Block

Others

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Lited by EXP REALTY, BROKERAGE
Nandha Ponnusamy

Nandha Ponnusamy

Agent

+1(437) 983-2222

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493 COLLEGE ST