Gurvinder Nokwal REALTOR®
For Sale Triplex 187 days on market

$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
Map

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

Room Level Dimensions
Recreation Main 25′ 1″ × 10′ 4″
Bedroom Main 14′ 10″ × 8′ 6″
Bathroom Lower 5′ 1″ × 7′ 3″
Bathroom Second 4′ 10″ × 8′ 2″
Other Main 15′ 9″ × 7′ 10″
Bedroom Second 10′ 2″ × 12′ 1″
Office Second 11′ 3″ × 8′ 0″
Kitchen Main 12′ 10″ × 9′ 6″
Living Room Second 14′ 8″ × 17′ 10″
Dining Room Second 11′ 1″ × 6′ 0″
Bedroom Main 11′ 3″ × 9′ 6″
Bathroom Main 5′ 6″ × 9′ 6″
Bedroom Lower 11′ 4″ × 10′ 2″
Bedroom Lower 16′ 6″ × 8′ 6″
Primary Bedroom Second 12′ 0″ × 12′ 0″
Kitchen Second 11′ 2″ × 7′ 8″
Utility Room Main 11′ 1″ × 8′ 8″

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

Minimum for this price: $47,500 (6.55%)

Amortization, years

Estimated mortgage payment

$3,210 per month

Principal and interest
$3,210
Property tax
$429
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
Total, before legal fees
$155,975
Talk to me about financing

Estimates 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

1348 Princess Street, Kingston, ON K7M 3E2 25 - West of Sir John A. Blvd, Kingston, ON K7M 3E2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$725,000 1348 Princess Street, Kingston, ON K7M 3E2
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