1348 Princess Street, Kingston, ON K7M 3E2
$725,000
$725,000

1348 Princess Street

25 - West of Sir John A. Blvd, Kingston, Frontenac $725,000

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6 Beds
3 Baths
1500-2000 sqft
Attached Garage
Parking for 4
South Facing
MLS®#:
X12997692
Property Type:
Triplex
Property Style:
1 1/2 Storey
Area:
Frontenac
Community:
25 - West of Sir John A. Blvd
Taxes:
$5,151.92 / 2025
Added:
April 14 2026
Lot Frontage:
53
Lot Depth:
200
Status:
Active
Outside:
Vinyl Siding
Year Built:
51-99
Basement:
Separate Entrance,Full,Walk-Up,Finished
Brokerage:
RE/MAX FINEST REALTY INC., BROKERAGE
Lot :

200

53

BIG LOT

Intersection:
Portsmouth Avenue
Rooms:
Bedrooms:
6
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
Heating Fuel:
Bathroom 1.67 x 2.9m

Main Level
Bedroom 3.42 x 2.89m

Main Level
Bedroom 4.53 x 2.58m

Main Level
Kitchen 3.9 x 2.89m

Main Level
Recreation 7.65 x 3.15m

Main Level
Other 4.79 x 2.38m

Main Level
Utility Room 3.37 x 2.63m

Main Level
Bathroom 1.47 x 2.5m

Second Level
Bedroom 3.11 x 3.68m

Second Level
Dining Room 3.39 x 1.83m

Second Level
Kitchen 3.4 x 2.34m

Second Level
Living Room 4.48 x 5.44m

Second Level
Office 3.42 x 2.45m

Second Level
Primary Bedroom 3.67 x 3.65m

Second Level
Bathroom 1.55 x 2.2m

Lower Level
Bedroom 3.45 x 3.11m

Lower Level
Bedroom 5.04 x 2.6m

Lower Level

Listing Details

Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income. This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants. Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3. Tenants pay heat and hydro, while the landlord covers water and sewer, ensuring stable and predictable expenses. Ideally located near Kingston Centre, downtown, Queen's University, and St. Lawrence College, with easy access to transit and Highway 401. Surrounded by amenities, this is an excellent opportunity to secure a solid investment in a high-demand rental area.

3 x stoves, 3 x refrigerators, 2 x washers, 2 x dryers, one washer-dryer combo, 3 x electric hot water tanks, smoke detectors.

Insights

  1. Strong Rental Income Potential: This triplex generates a total monthly income of $5,000, with current rents of $1,800 and $1,600 for the two other units, making it an attractive investment for buyers seeking reliable cash flow.
  2. Prime Location: Situated in a central area of Kingston, the property is conveniently located near Kingston Centre, downtown, and major educational institutions like Queen's University and St. Lawrence College, enhancing its appeal to potential tenants.
  3. Turnkey Condition: The property is fully tenanted and well-maintained, featuring three spacious 2-bedroom units with in-suite laundry, making it a hassle-free investment opportunity for buyers looking to enter the rental market.

Sale/Lease History of 1348 Princess Street

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Neighborhood Overview

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25 - West of Sir John A. Blvd home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 25 - West of Sir John A. Blvd

Insights for 1348 Princess Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)