$849,888
361-365 DIVISION STREET
Beds
7
Baths
4.1
Sqft
—
Year
—
About this home
INVESTMENT OPPORTUNITY!! $80,700.00 Gross Annual Income!!! This separately metered, newly renovated, carpet free TRIPLEX with parking for 5 vehicles, is ideally located on the bus route with fast access to downtown Kingston, Queen's University, and the 401 with option for partial vacant possession for the new owner along with two rented units for great income! It features a 2 BEDROOM apt (365 Division st) on the ground floor with 2 entrances wash/dry/fr/st/dw, 3pc bath and in unit laundry rented for $1750 plus Utilities, a 1 BEDROOM apt (363 Division st), 4pc bath apt upstairs with fridge & stove, electric heat, access at the front with foyer and room to add laundry rented for $1,475.00 plus Utilities, and a large 4 BEDROOM, 2 storey, 1.5 Bath unit (365 Division st) with wash/dry/ New Stainless Steel Maytag fr/st/mic & dw with 5 year warranty, front and rear entrance and a brand new kitchen (vacant for new owner) or rented for $3,500.00 plus utilities. All 13 Appliances included plus a new furnace, washer and dryer in storage for future use if needed! Don't Miss Out!! New Roof and Siding 2022. (id:65958)
- Subtype
- Multi-family
- MLS#
- X13000922
- Area
- KINGSTON_(EAST_OF_SIR_JOHN_A._BLVD)
Cash on cash
-11.76%
Cap rate
3.54%
GRM
16.7
Break-even rent
$6,003
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.