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Listed price in listed location currency (CAD).
$669,900

403

MLS® X12888380

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage None
Taxes $4,795
Lot Size 
Approx. Age 
MLS® Number X12888380

Property Address: 341 Division St, Kingston, ON, K7K4A2

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

Description

Attention Investors and Queen's University Parents! Beautifully kept cash-flowing legal non-conforming triplex in prime downtown Kingston location! Aggressively priced and fully rented with a 7.28% cap rate and immediate cash flow. Unit #1 (1BR): $1, 600/month, Unit #3 (1BR): $1, 600/month, Unit #2 (2BR): $1, 900/month for a total gross income of $61, 200 annually. Operating expenses are $12, 440 (Taxes: $4, 568, Insurance: $2, 210, Utilities: $5, 662) for an NOI of $48, 760 with upside potential to $55, 000+ through strategic rent increases. Each unit features in-suite laundry and dedicated parking-a rare combination that commands premium rents. The building is in excellent condition with extensive recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. High ceilings and exposed brick throughout make units highly attractive to tenants. This is a turnkey investment with quality tenants in place, low operating costs, and strong cash flow from day one. Perfect for first-time multi-family investors or experienced landlords looking for a solid performing asset in Kingston's strong rental market. Easy showings available-call, text, or email to book your viewing.
MLS® NumberX12888380
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
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00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
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May 30, 2026End Date
-Sold Price

Withdrawn

Mar 16, 2026List Date
$669,900List Price
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Starting Address
Destination Address
341 Division St, Kingston, ON

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