493 COLLEGE STREET, Kingston (Central City East)
$1,575,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 11 bedrooms, 4 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X14098082
- Neighbourhood
- 14 - Central City East
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.
Sold data
Homes in Central City East — recent sold market
Homes in Central City East took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 52, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $685,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $685,000
- Sale-to-list ratio
- 95.8%
- Sold above asking
- 9%
Based on 44 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Kingston (Central City East)
Kingston (Central City East) 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 (Central City East)
- 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 493 COLLEGE STREET
$699,000
Multiplex1183,500–5,000 sqft284 DIVISION STREET, 22 - East of Sir John A. Blvd, Kingston
$1,699,900
Multiplex7+252,500–3,000 sqft499 BUSH ROAD, 817 - Rideau Lakes (South Crosby) Twp, Rideau Lakes
$2,100,000
Multiplex963,500–5,000 sqft120 YONGE STREET, 18 - Central City West, Kingston
$1,100,000
Multiplex963,500–5,000 sqft8-10-12 GEORGE STREET, 810 - Brockville, Brockville
$1,049,000
Multiplex8+232,000–2,500 sqft418 COLLEGE STREET, 14 - Central City East, Kingston
$1,799,999
Multiplex1673,500–5,000 sqft717 KING STREET W, 18 - Central City West, Kingston
$1,825,000
Multiplex8+132,500–3,000 sqft243 LIPPINCOTT STREET, University, Toronto
$2,200,000
Detached10+242,000–2,500 sqft279 FRONTENAC STREET, 14 - Central City East, Kingston