Listed for:Listed Apr 14, 2026
$725,000

1348 Princess Street

Kingston (West of Sir John A. Blvd), ON K7M 3E2

Multiplex For Sale
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Sale & Price History for 1348 Princess Street, Kingston, West of Sir John A. Blvd

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1348 Princess Street, Kingston, West of Sir John A. Blvd

Summarized Description

  • Turnkey triplex with strong rental income.
  • Three spacious 2-bedroom units available.
  • Each unit includes in-suite laundry.
  • Located in prime central Kingston.
  • Stable expenses with tenants covering utilities.
  • Close to Kingston Centre and universities.
  • High-demand area for long-term tenants.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,152
Land Transfer Tax Fee
$10,975

Rental Items

Rental Equipment
NONE

Basement Type
Separate Entrance, Full, Walk-Up, Finished

Interior Features

Interior Extras
Separate Heating Controls, Storage, Water Heater Owned
Fireplace/Stove
No
Fireplace Features
Other
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
53.00 ft
Lot Depth
200.00 ft
Lot Shape
Rectangular

Inclusions

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

Exclusions

Exclusions
All Tenant's belongings.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
3
Kitchens
3

Room sizes

  • Bathroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Main level
  • Recreation—
    Main level
  • Other—
    Main level
  • Utility Room—
    Main level
  • Bathroom—
    Second level
  • Bedroom—
    Second level
  • Dining Room—
    Second level
  • Kitchen—
    Second level
  • Living Room—
    Second level
  • Office—
    Second level
  • Primary Bedroom—
    Second level
  • Bathroom—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom—
    Lower level

Washrooms

  • 4-piece, Main
  • 4-piece, Lower
  • 4-piece, Second

Municipality
Kingston
Neighbourhood
West of Sir John A. Blvd
Main cross streets
Portsmouth Avenue
Directions
Portsmouth Avenue

MLS® number
X12997692
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-14
Updated on
2026-09-29
Days on market
186 days
Possession date
2026-05-01
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX FINEST REALTY INC., BROKERAGE

Home Market Value

Current home valuation for 1348 Princess Street, Kingston, West of Sir John A. Blvd, Kingston, ON. Listed for $725,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1348 Princess Street, Kingston, West of Sir John A. Blvd

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kingston, ON
Minimum Down Payment Required:6.6%

5% on first $500K + 10% on $225,000 over $500K

Minimum down payment

$47,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,086$20,228$17,255$0
=Total mortgage
$704,236$672,728$633,505$580,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,438monthly$3,285monthly$3,093monthly$2,832monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,975

Total Land Transfer Tax

$10,975

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