23 - Rideau · K7K 4Y9
$599,000
$300 / sq ft2 weeks on market
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Excellent investment opportunity awaits a new owner! This solid, all-brick triplex offers exceptional value and consistent income potential in an excellent location. It features, well-maintained, two 3-bedroom units and one 2-bedroom unit. It is perfect for investors or someone looking to purchase and occupy one of the units while the other 2 pay your mortgage! The building is equipped with multiple fire escapes for each unit, all appliances, and a coin-operated shared laundry for added revenue. A detached double garage provides additional storage or the potential for extra rental income. One unit is currently rented which gives you the flexibility to decide how you will use the other 2. The basement unit had some water damage which requires remediation (seller has a quote for repair) and this is reflected in the price. Top floor unit has a new kitchen & bathroom and updated electrical. Basement unit was upgraded with a heat pump. Don't miss out and schedule your showing today!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 14% of comparable multiplex listings in Kingston are asking less.
Based on 29 comparable active multiplex listings in Kingston. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ONE PERCENT REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.