717 King Street
Kingston, ON
- 16 bed
- 7 bath
- approx. 3500-5000 sqft
- Triplex
- 82 days on market
Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step!
Listing Details
- Taxes (2025)
- $8,783
- Listed
- June 18, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Stone
- Interior
- Air Exchanger, Sewage Pump, Carpet Free
- Lot Size
- 75 x 164 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- King St W Bwt Mcdonald & Mowat
- Parcel Number
- 360140124
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Unit 1 - 3 fridges + 1 stove + washer and dryer + 7 single beds Unit 2 - 2 fridges + stove + dishwasher + washer and dryer Unit 3 - 1 fridge + stove + washer and dryer Light fixtures, windows coverings, bathroom mirrors in all units.
- Rental Items
- HWT x2
Schools
Elementary
- Centennial Public School1.2 km
Public · Limestone DSB · 320 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Winston Churchill Public School1.6 km
Public · Limestone DSB · 235 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 75% met the provincial standard
- St Thomas More Catholic School1.6 km
Catholic · Algonquin and Lakeshore CDSB · 285 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 18% met the provincial standard
Secondary
- Limestone School of Community Education1.9 km
Public · Limestone DSB
- Limestone Online Secondary School1.9 km
Public · Limestone DSB
- Katarokwi Learning Centre1.9 km
Public · Limestone DSB · 260 students
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
- $588,000
- Homes sold
- 1,643
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,643 recorded sales of residential freehold properties in Kingston over the last 12 months.
Listed by
SUTTON GROUP-HERITAGE REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$360,000
Estimated Monthly Payment
$8,843
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,843/mo (20% down, 5.5%)
Taxes: $732/mo · Insurance: $450/mo
Estimates only. Consult a financial advisor.
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