$1,099,000
Available - For Sale
Listing ID: X13562722
80 Thomas Street , Kingston, K7K 2E3, Frontenac


80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: a new roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot for 3-4 cars are just a few of the many reasons that this is the ideal spot for tenants. Its central location is a quick 5-minute walk to the K&P Trail, a 10-minute walk to the Cataraqui River, and a 2-minute walk to Regiopolis Notre Dame High School. It is also a 3-minute drive to downtown Kingston and to central Kingston amenities. A rare opportunity in an ideally-situated area of the city, on the gentrifying edge of Kingston's downtown core. Current te 80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2 two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: anew roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot. This turnkey triplex is priced at a near 5% cap rate and won't last long!
Price $1,099,000
Taxes: $4768.14
Occupancy: Tenant
Address: 80 Thomas Street , Kingston, K7K 2E3, Frontenac
Directions/Cross Streets: Thomas St & Patrick St
Rooms: 17
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Bedroom 12.1 11.84
Room 2 Ground Living Ro 13.74 15.78
Room 3 Ground Kitchen 11.38 9.97
Room 4 Ground Bathroom 7.81 5.28
Room 5 Ground Laundry 9.91 7.81
Room 6 Ground Utility R 7.28 7.77
Room 7 Second Bedroom 14.43 10.5
Room 8 Second Bedroom 2 10.89 10.33
Room 9 Second Bathroom 7.38 5.74
Room 10 Second Living Ro 11.41 13.97
Room 11 Second Dining Ro 7.45 13.97
Room 12 Second Kitchen 11.55 11.97
Room 13 Third Bedroom 14.4 10.36
Room 14 Third Bedroom 2 11.35 10.43
Room 15 Third Living Ro 18.89 14.01
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 4 Second
Washroom Type 3 4 Third
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 6
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX FINEST REALTY INC., BROKERAGE
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Freehold - Triplex
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style: 2-Storey
Lot Size: x 130.66(Feet)
Approximate Age:
Tax: $4,768.14
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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