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About the Listing 470300 -
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!
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
X13562722
Year Built
Total Square Footage
2,500
Lot/Acreage
0.12
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: Separate Heating Controls,Separate Hydro Meter,Storage Area Lockers,Water Heater,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 3 car
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Private Triple,No Garage
Financial Details
- Tax Amount: $4,768
- Taxes w/Assessments: N/A
- Tax/Property ID: 360540084
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
80 Thomas St Kingston, ON K7K 2E3
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