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Listed 4 months ago

211 RAGLAN Road

22 - East of Sir John A. Blvd, Kingston

$749,900

Detached|3-Storey
4 | 3 | 6
About this home

Prime Downtown Kingston Legal Triplex - An Exceptional Investment! Welcome to this beautifully updated legal triplex in the heart of downtown Kingston, between Division Street and Montreal Street. With seamless access to transportation and steps from McBurney Park, it's a prime location, just a 15-minute walk to Queen's University, backing onto Friendship Park with a basketball court and ample green space. THIS INVESTMENT PROPERTY IS FULLY RENTED with an annual income of $66,000 before expenses. Highlights include a Main Floor Unit: Luxurious 1-bedroom, 1-bathroom, state-of-the-art kitchen with built-in appliances and a waterfall island. A second Unit: Spacious 3-bedroom, 1-bathroom with abundant natural light. Scenic views of Friendship Park. A top Floor Unit: Cozy 1-bedroom, 1-bathroom, perfect for singles or couples. Basement: Potential for a future 4th unit - 2-bedroom secondary suite with a separate entrance. New electrical rough-in and dedicated sub-panel (May 2024). **Key Features:** Modern Upgrades: Updated appliances and bathroom fixtures. New Vinyl Windows (2020) and New Exterior Doors (2021). Radon Mitigation System installed in 2021. Flat Roof replaced in May 2024. Shared Laundry: Washer and dryer accessible to all units. Ample Parking: Space for 6 vehicles. Prime Location: Close to downtown, schools, public transit, and shopping. Option for the new owner to move into one of the three units and live rent-free while managing the other units or simply add this amazing property to your portfolio. Don't miss out on owning a prime piece of Kingston real estate!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,813
Lot Size25.4 ft x 80.5 ft
mls© NumberX13488710
Listed ByRE/MAX SERVICE FIRST REALTY INC., BROKERAGE

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,838
Property tax
$484
Heat allowance
$150
Housing costs
$4,473 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,980
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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