16 DALY STREET, Kingston (Rideau)

$599,000

For sale: Multiplex

Multiplex at 16 DALY STREET, Kingston (Rideau)
Property type
Triplex
Bedrooms / bathrooms
8 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13728076
Neighbourhood
23 - Rideau

Excellent investment opportunity awaits a new owner! This solid, all-brick triplex offers exceptional value and consistent income potential in an excellent location. It features, well-maintained, two 3-bedroom units and one 2-bedroom unit. It is perfect for investors or someone looking to purchase and occupy one of the units while the other 2 pay your mortgage! The building is equipped with multiple fire escapes for each unit, all appliances, and a coin-operated shared laundry for added revenue. A detached double garage provides additional storage or the potential for extra rental income. One unit is currently rented which gives you the flexibility to decide how you will use the other 2. The basement unit had some water damage which requires remediation (seller has a quote for repair) and this is reflected in the price. Top floor unit has a new kitchen & bathroom and updated electrical. Basement unit was upgraded with a heat pump. Don't miss out and schedule your showing today!

Sold data

Multiplex homes in Kingston (Rideau) — recent sold market

Multiplex homes in Kingston (Rideau) took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 51, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$799,900
Sale-to-list ratio
96.7%
Sold above asking
4%

Based on 45 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kingston (Rideau)

Kingston (Rideau) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (Rideau)

  • R Gordon Sinclair — elementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulin — elementary, KingstonFraser rating 7.8/10
  • Rideau — elementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivan — elementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybon — elementary, KingstonFraser rating 7.7/10
  • Winston Churchill — elementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 16 DALY STREET