GREAT INCOME, bringing in $132,000 of yearly 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, new 400-AMP electrical and plumbing systems, too. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at a great current market rate. Great returns on this property with minimal effort required, no work at all to be done on this property for a long time. Total yearly expenses for taxes, maintenance, property manager, utilities, and insurance are $18,000/year. Schedule your private viewing today.
Address
493 College Street
List Price
$1,623,000
MLS® Status
New
Expiration Date
2026-05-22
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Kingston
Sub-Area
14 - Central City East
Region
Frontenac
Bedrooms
8 + 3
Bedrooms (Total)
11
Rooms Above Grade
15
Rooms Below Grade
6
Bathrooms
4
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
125
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
45
Parcel Number
360220123
Occupant Type
Tenant
Cross Street
Princess Street to Regent Street to Park Street to College Street.
Approx. Age
51 - 99 Years
MLS® Number
X12908360
Listing Brokerage
EXP REALTY, BROKERAGE
Basement Area
Full, Finished, Apartment
Postal Code
K7L 4M8
Posession Details
TBD
Parking
Private
Parking Places (Total)
6
Parking Spaces
4
Tax Amount
$6,067.47
Tax Year
2025
Site Influences
Public Transit
Interior Features
Water Heater Owned
Property Features
Public Transit
Cable
Available
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Aluminum Siding
UFFI
No
Direction Faces
West
Fireplace
Yes
Fireplace Features
Electric
Foundation Details
Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 1, PL 189 AS IN FR214078; KINGSTON
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 4.17 x 2.41 | |
| Main | Living Room | 5.14 x 3.65 | |
| Main | Bathroom | 2.66 x 1.82 | 4 Pc Bath |
| Main | Primary Bedroom | 4.15 x 3.31 | |
| Main | Bedroom 2 | 3.79 x 3.31 | |
| Main | Bedroom 3 | 2.98 x 2.59 | |
| Main | Bedroom 4 | 3.76 x 3.19 | |
| Second | Kitchen | 3.8 x 3.16 | |
| Second | Living Room | 5.35 x 3.62 | |
| Second | Bathroom | 2.7 x 1.81 | 4 Pc Bath |
| Second | Primary Bedroom | 4.17 x 4.4 | |
| Second | Bedroom 2 | 3.8 x 3.33 | |
| Second | Bedroom 3 | 4.15 x 2.97 | |
| Basement | Kitchen | 1.56 x 5 | |
| Basement | Dining Room | 2.18 x 1.66 | |
| Basement | Living Room | 3.91 x 6.83 | |
| Basement | Bathroom | 2.14 x 1.5 | 4 Pc Bath |
| Basement | Primary Bedroom | 3.79 x 3.54 | |
| Basement | Bedroom 2 | 3.79 x 3.07 | |
| Basement | Bedroom 3 | 3.79 x 2.7 | |
| Main | Kitchen | 2.12 x 4.23 | |
| Main | Dining Room | 1.41 x 2.06 | |
| Main | Living Room | 2.35 x 2.86 | |
| Main | Bedroom | 2.97 x 2.95 | |
| Main | Bathroom | 2.78 x 1.51 | 4 Pc Ensuite |