717 KING STREET W, Kingston (Central City West)

$1,799,999

For sale: Multiplex

Multiplex at 717 KING STREET W, Kingston (Central City West)
Property type
Triplex
Bedrooms / bathrooms
16 bedrooms, 7 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13463654
Neighbourhood
18 - Central City West

Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step!

Sold data

Multiplex homes in Kingston (Central City West) — recent sold market

Multiplex homes in Kingston (Central City West) took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 48, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.

The median sale price was $782,400.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$782,400
Sale-to-list ratio
96.8%
Sold above asking
5%

Based on 44 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 (Central City West)

Kingston (Central City West) 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 West)

  • R Gordon Sinclairelementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulinelementary, KingstonFraser rating 7.8/10
  • Rideauelementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivanelementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybonelementary, KingstonFraser rating 7.7/10
  • Winston Churchillelementary, KingstonFraser rating 7.7/10

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

Currently for sale

Homes for sale near 717 KING STREET W