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Listed price in listed location currency (CAD).
$1,649,000

1144

MLS® X12544210

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $6,067
Days Active 20
Lot Size 
Approx. Age 
MLS® Number X12544210

Property Address: 493 College St, Kingston, ON, K7L4M8

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding Income Opportunity! This fully renovated four-plex offers an impressive $132, 000 annual income and a 6.7% cap rate; truly turnkey with nothing left to do. Ideally located between Queen's University, St. Lawrence College, and the Teachers' College, this property attracts quality tenants and ensures consistent returns. The building has been completely redone from top to bottom, featuring a 400-AMP electrical service, new plumbing, a brand-new lower-level 3-bedroom apartment, updated kitchens, bathrooms, and flooring, plus an Accessory Dwelling Unit (ADU) for added versatility. Financial highlights include: gross Income $132, 000, operating expenses $20, 745 (taxes: $6, 068, utilities $3, 000, maintenance $2, 400, management $5, 280, insurance $3, 997); and net operating income $111, 255. A solid, well-managed investment in a prime central location - modern, efficient, and fully rented with great tenants. This is the ideal hands-off income property you've been looking for. Schedule your private viewing today.
MLS® NumberX12544210
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Second Floor10.93 × 12.47 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$1,649,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
493 College St, Kingston, ON

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