Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$660 - $825
Taxes
$6,067.47 (2025)
Parking Type
-
Style
2-Storey
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Description
Outstanding Income Opportunity! This fully renovated four-plex offers an impressive $132,000 annual income and a 6.7% cap rate; truly turnkey with nothing left to do. Ideally located between Queen's University, St. Lawrence College, and the Teachers' College, this property attracts quality tenants and ensures consistent returns. The building has been completely redone from top to bottom, featuring a 400-AMP electrical service, new plumbing, a brand-new lower-level 3-bedroom apartment, updated kitchens, bathrooms, and flooring, plus an Accessory Dwelling Unit (ADU) for added versatility. Financial highlights include: gross Income $132,000, operating expenses $20,745 (taxes: $6,068, utilities $3,000, maintenance $2,400, management $5,280, insurance $3,997); and net operating income $111,255. A solid, well-managed investment in a prime central location - modern, efficient, and fully rented with great tenants. This is the ideal hands-off income property you've been looking for. Schedule your private viewing today.
Broker: EXP REALTY, BROKERAGE
MLS®#: X12544210
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
45 Ft
Lot depth:
125 Ft
Listed on:
Nov 14, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Basement | Kitchen | 5.1 x 16.4 ft | |
Main | Dining Room | 4.6 x 6.8 ft | |
Second | Bedroom 3 | 13.6 x 9.7 ft |
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Instant estimate:
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$183,836
lower than listed pricei
High
$1,559,294
Mid
$1,465,164
Low
$1,425,306
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