92 Gardiner Street
18 - Central City West, Kingston, K7M 1A7
FOR SALE
$825,000

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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 7
ROOMSX12770914
MLSIDContact Us
Property Description
Discover a turnkey investment property in the highly desirable Portsmouth Village neighbourhood. This well-maintained triplex features three fully leased 2 bedroom, 1 bath residential units and is located within easy access to Queen's University, St. Lawrence College, Portsmouth Olympic Harbour, public transit and many other amenities. Each unit is separately metered for hydro, has their own washer and dryer and two tandem parking spots. Don't miss out on this great opportunity!
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Property Features
Cul de Sac/Dead End, Fenced Yard, Marina, Park, Public Transit, School, Separate Hydro Meter, Tandem, Smoke Detector
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Property Details
Address
92 Gardiner Street
Community
City
Postal Code
K7M 1A7
Property Type
Triplex, Triplex
Zoning
UR6
Lot Size
51' x 173'
Taxes
$5,959 (2025
Basement
Partially Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Royal Lepage Proalliance Realty, Brokerage
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 rented 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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