$725,000
Est. payment $3,210/moCalculate yours
1348 Princess Street, Kingston, ON K7M 3E2
25 - West of Sir John A. Blvd, Kingston, ON K7M 3E2
- 4 + 2 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX FINEST REALTY INC., BROKERAGE MLS® X12997692
About this home
Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income. This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants. Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3. Tenants pay heat and hydro, while the landlord covers water and sewer, ensuring stable and predictable expenses. Ideally located near Kingston Centre, downtown, Queen’s University, and St. Lawrence College, with easy access to transit and Highway 401. Surrounded by amenities, this is an excellent opportunity to secure a solid investment in a high-demand rental area.
Property details
Overview
- Property Type
- Triplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Separate Entrance, Full, Walk-Up, Finished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 53 x 200 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $5,152 (2025)
Location
- Neighbourhood
- 25 - West of Sir John A. Blvd
- Cross Street
- Portsmouth Avenue
- Direction Faces
- South
Listing
- MLS® Number
- X12997692
- Days on Market
- 187
- Listed On
- 2026-04-14
- Listed By
- RE/MAX FINEST REALTY INC., BROKERAGE
Rooms
Features
Interior
- Separate Heating Controls
- Storage
- Water Heater Owned
Pool
- None
- Included
- 3 x stoves, 3 x refrigerators, 2 x washers, 2 x dryers, one washer-dryer combo, 3 x electric hot water tanks, smoke detectors.
- Excluded
- All Tenant's belongings.
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$3,210 per month
- Principal and interest
- $3,210
- Property tax
- $429
- Condo fees
- $0
- Estimated monthly cost
- $3,639
Your mortgage
- Mortgage amount
- $580,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $383,043
Cash to close
- Down payment
- $145,000
- Land transfer tax
- $10,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $155,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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