80 Thomas Street,Kingston, ON K7K 2E3
Kingston, ON K7K 2E3
Description
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!
Details
| MLS # | X13562722 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 36 |
| Listing Provided By | RE/MAX FINEST REALTY INC., BROKERAGE | X13562722 470300 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.12 |
Interior
| Interior Features | Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Water Heater |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Block |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Triple |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4768.14 |
|---|---|
| Tax Legal Description | PT LT 46-47 PL 154 KINGSTON PT 2 & 3, 13R12193; KINGSTON ; THE COUNTY OF FRONTENAC |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7K 2E3 |
| Area | 22 East of Sir John A. Blvd |
| Listing VS Median (in K7K 2E3) | |
Price: $1,099,000 low | high Med: $0 On site: 36 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7K 2E3 |
| Area | 22 East of Sir John A. Blvd |
| Listing VS Median (in K7K 2E3) | |
Price: $1,099,000 low | high Med: $0 On site: 36 low | high Med: | |
 | $2,375,00048 Stephen StreetKingston, ON K7K 2C3 |