361-365 Division Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $824,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 11.58 x 21.33 ft lot
- Features a exposed rock, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
- Efficient forced air heating via electric
Description
INVESTMENT OPPORTUNITY!! $80,700.00 Gross Annual Income!!! This separately metered, newly renovated, carpet free TRIPLEX with parking for 5 vehicles, is ideally located on the bus route with fast access to downtown Kingston, Queen's University, and the 401 with option for partial vacant possession for the new owner along with two rented units for great income! It features a 2 BEDROOM apt (365 Division st) on the ground floor with 2 entrances wash/dry/fr/st/dw, 3pc bath and in unit laundry rented for $1750 plus Utilities, a 1 BEDROOM apt (363 Division st), 4pc bath apt upstairs with fridge & stove, electric heat, access at the front with foyer and room to add laundry rented for $1,475.00 plus Utilities, and a large 4 BEDROOM, 2 storey, 1.5 Bath unit (365 Division st) with wash/dry/ New Stainless Steel Maytag fr/st/mic & dw with 5 year warranty, front and rear entrance and a brand new kitchen (vacant for new owner) or rented for $3,500.00 plus utilities. All 13 Appliances included plus a new furnace, washer and dryer in storage for future use if needed! Don't Miss Out!! New Roof and Siding 2022.
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater
Security Features
Community Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 361-365 Division Street, Kingston, ON K7K 4A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $824,900 in Kingston, the legal minimum down payment is $57,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,973 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,973.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.