999 PORTSMOUTH Ave
West of Sir John A. Blvd, Kingston, K7M 1X2
FOR SALE
$799,900
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4 + 2
BEDROOMS3
BATHROOMS3
KITCHENS10 + 3
ROOMSX12007455
MLSIDContact Us
Property Description
This purpose-built legal triplex in Kingston's desirable Strathcona Park sits on an oversized60 x 125 lot, close to amenities, parks, top-rated schools, and the 401 corridor. The well-maintained brick and siding building offers three spacious 2-bedroom units, all currently rented, with tenants covering their own hydro while the landlord pays water, sewer, and heat(gas furnace). Additional income is generated through a coin-operated laundry in the basement. The property includes parking for 4-5 cars and features a spacious upper-unit deck that doubles as a carport below. With consistently low operating costs, updated roof and furnace (both replaced five years ago), and a strong rental history with no vacancies, this turnkey investment is a rare find in one of Kingston's best neighborhoods.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-09 | 2024-09-25 | 78 | $844,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2024-07-09 | 2024-09-25 | 78 | $844,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
| 2023-11-02 | 2024-01-19 | 78 | $849,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
60' x 125'
Acreage
< .50
Fronting
West
Taxes
$4,538 (2024)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Carport
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Kingston Market Statistics
Kingston Price Trend
999 PORTSMOUTH Ave is a 4-bedroom 3-bathroom home listed for sale at $799,900, which is $81,345 (11.3%) higher than the average sold price of $718,555 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Kingston declined by $146,151 (16.9%) compared to the previous 30 day period (December 22 - January 20) and up $99,055 (16.0%) from the same time one year ago.Inventory Change
There were 37 4-bedroom homes listed in Kingston over the last 30 days (January 21 - February 19), which is up 15.6% compared with the previous 30 day period (December 22 - January 20) and up 516.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kingston typically sold ($6,097) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $16,677 increase compared to the previous 30 day period (December 22 - January 20) and ($20,400) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Kingston over the last 30 days (January 21 - February 19) stood at 37.8%, down from 234.4% over the previous 30 days (December 22 - January 20) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Kingston stood at 35 days when successfully sold over the last 30 days (January 21 - February 19), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Rise Executives, Brokerage
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