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Key Facts
Key facts for 1348 Princess Street
Property Type
Apartment, 1 1/2 Storey
Parking
Attached 1 garage, 5 parking
MLS #
X12477678
Size
1500-2000 sqft
Basement
Separate Entrance,Finished,Full,Walk-Up
Listed on
2025-10-23
Lot size
53 x 200.0
Tax
$5,151.92 /yr
Days on Market
0
Approximate Age
51-99
Maintenance Fee
-
Description
This fully tenanted triplex presents an exceptional investment opportunity in a highly convenient central location. The property features three spacious 2-bedroom units, each offering a full bathroom, in-suite laundry, and bright, functional layouts that attract quality tenants. Apartment #1 is rent...ed for $1,800/month, while Apartments #2 and #3 each rent for $1,600/month. Tenants pay their own Heat and Hydro, with the Landlord covering Water and Sewer, ensuring straightforward management and consistent cash flow. Ideally situated near the Kingston Centre, downtown Kingston, Queen's University, and St. Lawrence College, this property provides excellent accessibility and strong rental demand. With easy transit access, close proximity to Highway 401, and nearby amenities including shops, restaurants, and Kingston's vibrant waterfront, 1348 Princess Street is a turnkey investment offering stability, convenience, and growth potential in one of Ontario's most desirable rental markets.
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