1348 Princess Street
Kingston, ON
6 bed • 3 bath • approx. 1500-2000 sqft • Triplex • 136 days on market
Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income. This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants. Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3. Tenants pay heat and hydro, while the landlord covers water and sewer, ensuring stable and predictable expenses. Ideally located near Kingston Centre, downtown, Queen's University, and St. Lawrence College, with easy access to transit and Highway 401. Surrounded by amenities, this is an excellent opportunity to secure a solid investment in a high-demand rental area.
Listing Details
- Taxes (2025)
- $5,152
- Listed
- April 14, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Age
- 51-99
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Separate Heating Controls, Storage, Water Heater Owned
- Lot Size
- 53 x 200 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Portsmouth Avenue
- Parcel Number
- 360760001
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- 3 x stoves, 3 x refrigerators, 2 x washers, 2 x dryers, one washer-dryer combo, 3 x electric hot water tanks, smoke detectors.
- Exclusions
- All Tenant's belongings.
- Rental Items
- NONE
Schools
Elementary
- St Paul Catholic School0.4 km
Catholic · Algonquin and Lakeshore CDSB · 175 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 69% met the provincial standard
- Lord Strathcona Public School0.5 km
Public · Limestone DSB · 190 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 41% met the provincial standard
- École élémentaire publique Madeleine-de-Roybon0.7 km
French public · CÉP de l'Est de l'Ontario · 460 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 73% met the provincial standard
Secondary
- Loyola Community Learning Centre0.4 km
Catholic · Algonquin and Lakeshore CDSB · 375 students
- École secondaire publique Mille-Iles0.7 km
French public · CÉP de l'Est de l'Ontario · 130 students
Grade 10 literacy: 96% met the provincial standard
- Limestone School of Community Education1.3 km
Public · Limestone DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K7M
- Population
- 49,268
- Private dwellings
- 22,585
- Median age
- 44.4
- Average household size
- 2.2
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Kingston · last 12 months
- Median sold price
- $586,000
- Homes sold
- 1,632
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 1,632 recorded sales of residential freehold properties in Kingston over the last 12 months.
Rooms
4-piece on Main, 4-piece on Lower, 4-piece on Second
Second
- Bathroom4'10" x 8'2"
- Bedroom10'2" x 12'1"
- Dining Room11'1" x 6'
- Kitchen11'2" x 7'8"
- Living Room14'8" x 17'10"
- Office11'3" x 8'
- Primary Bedroom12' x 12'
Main
- Bathroom5'6" x 9'6"
- Bedroom14'10" x 8'6"
- Bedroom11'3" x 9'6"
- Kitchen12'10" x 9'6"
- Other15'9" x 7'10"
- Recreation25'1" x 10'4"
- Utility Room11'1" x 8'8"
Lower
- Bathroom5'1" x 7'3"
- Bedroom11'4" x 10'2"
- Bedroom16'6" x 8'6"
Listed by
RE/MAX FINEST REALTY INC., BROKERAGE
Location
Mortgage Calculator
$145,000
Estimated Monthly Payment
$3,562
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,562/mo (20% down, 5.5%)
Taxes: $429/mo · Insurance: $181/mo
Estimates only. Consult a financial advisor.
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