80 Thomas Street
Kingston, ON
- 5 bed
- 3 bath
- approx. 2500-3000 sqft
- Triplex
- 58 days on market
80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: a new roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot for 3-4 cars are just a few of the many reasons that this is the ideal spot for tenants. Its central location is a quick 5-minute walk to the K&P Trail, a 10-minute walk to the Cataraqui River, and a 2-minute walk to Regiopolis Notre Dame High School. It is also a 3-minute drive to downtown Kingston and to central Kingston amenities. A rare opportunity in an ideally-situated area of the city, on the gentrifying edge of Kingston's downtown core. Current te 80 Thomas St. is a real estate investor's dream. This all-brick cash flowing triplex has a bright, open, three-story floor plan, and includes 2 two-bedroom units and 1 one-bedroom unit. The property has seen many recent improvements and renovations to all three units. The upper two-bedroom unit was completely gutted and renovated from the studs, and the other two units have had numerous updates including two modern IKEA kitchens. Other improvements include but are not limited to: anew roof, new attic and wall insulation, new vinyl windows, and a 7-foot vinyl fence. Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot. This turnkey triplex is priced at a near 5% cap rate and won't last long!
Listing Details
- Taxes (2025)
- $4,768
- Listed
- July 14, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Water Heater
- Lot Size
- 40.58 x 130.66 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Thomas St & Patrick St
- Parcel Number
- 360540084
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Fridge (3), Stove (3)
- Exclusions
- All tenant belongings
- Rental Items
- Hot Water Heater, Coin Operated Washer & Dryer
Schools
Secondary
- Regiopolis/Notre-Dame Catholic High School0.2 km
Catholic · Algonquin and Lakeshore CDSB · 825 students
Grade 10 literacy: 83% met the provincial standard
- Kingston Secondary School1.5 km
Public · Limestone DSB · 1110 students
Grade 10 literacy: 87% met the provincial standard
- Loyalist Collegiate and Vocational Institute2.4 km
Public · Limestone DSB · 750 students
Grade 10 literacy: 86% met the provincial standard
Elementary
- Katarokwi Elementary Learning Centre Elementary Public School0.3 km
Public · Limestone DSB
- Central Public School1.1 km
Public · Limestone DSB · 220 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Cathedrale Catholic School1.3 km
Catholic · Algonquin and Lakeshore CDSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 54% met the provincial standard
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 K7K
- Population
- 33,705
- Private dwellings
- 16,786
- Median age
- 37.2
- Average household size
- 2.1
- Median household income
- $67,000
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
- 1,639
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,639 recorded sales of residential freehold properties in Kingston over the last 12 months.
Rooms
4-piece on Ground, 4-piece on Second, 4-piece on Third
Third
- Bedroom14'5" x 10'4"
- Bedroom 211'4" x 10'5"
- Kitchen11'4" x 11'11"
- Living Room18'11" x 14'
Second
- Bathroom7'5" x 5'9"
- Bedroom14'5" x 10'6"
- Bedroom 210'11" x 10'4"
- Dining Room7'5" x 14'
- Kitchen11'7" x 12'
- Living Room11'5" x 14'
Ground
- Bathroom7'10" x 5'3"
- Bedroom12'1" x 11'10"
- Kitchen11'5" x 10'
- Laundry9'11" x 7'10"
- Living Room13'9" x 15'9"
- Utility Room7'3" x 7'9"
Listed by
RE/MAX FINEST REALTY INC., BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$219,800
Estimated Monthly Payment
$5,399
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: $5,399/mo (20% down, 5.5%)
Taxes: $397/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Separate electrical meters, a forced air gas furnace, onsite coin laundry, and parking lot for 3-4 cars are just a few of the many reasons that this is the ideal spot for tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?