493 COLLEGE Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Central City East. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,575,000 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.
- 11 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 45 x 125 ft lot
- Features a full, finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 2.0 garage spaces (6.0 total parking spaces) with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today.
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Property Summary
This multiplex located at 493 COLLEGE Street, Kingston is currently for sale and has been available for 1 day. This property is listed at $1,575,000 with an estimated mortgage of $5,243* per month. It has 11 beds, 4 bathrooms, and is 2000-2500 square feet. 493 COLLEGE Street, Kingston is in the Central City East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 11 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central City East, Kingston.
- •11 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central City East, Kingston.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
Interior Features
- Water Heater Owned
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Kingston?
If you are looking for a house in Kingston or researching Kingston real estate for sale, this 11-bedroom multiplex at 493 COLLEGE Street, Kingston, ON offers an exceptional opportunity to buy a home in Kingston, Ontario. Whether you are a first-time Kingston home buyer or comparing active Kingston MLS® homes for sale, working with a dedicated Kingston buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Kingston Buyer Budget & Costs
Estimated mortgage: $5,243*/month*. Estimated Ontario Land Transfer Tax: $27,975. First-time Kingston home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Kingston
Frequently Asked Questions about 493 COLLEGE Street, Kingston, ON
Q.What is the asking price for 493 COLLEGE Street, Kingston, ON ?
The current listing price for 493 COLLEGE Street, Kingston, ON in Central City East, Kingston is $1,575,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 11 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 493 COLLEGE Street, Kingston, ON ?
493 COLLEGE Street, Kingston, ON is a Multiplex (2-Storey) featuring a Full, Finished, Apartment basement.
Q.What key property features does 493 COLLEGE Street, Kingston, ON offer?
Key property features include: Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.What security features are installed at 493 COLLEGE Street, Kingston, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Central City East, Kingston
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 493 COLLEGE Street, Kingston, ON K7L 4M8
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 $1,575,000 in Kingston, the legal minimum down payment is $315,000 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 $27,975 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 $27,975.
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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.
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