$699,900
For sale: Multiplex

South Side Triplex across from Compton Park. Many recent renovation updates, including kitchens, bathrooms, and flooring. Top-floor 2-bedroom, long-term tenancy: $937+ hydro, lower level 1 bedroom $800 inclusive; and the main-level 2-bedroom is vacant to accommodate a buyer/ owner, should that be desired. Laundry on-site, 2-car detached garage. An excellent location in a great neighbourhood ensuring rentable units in tougher markets.
Sold data
Multiplex homes in Kingston (Central City East) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.
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
Kingston (Central City East) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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