221-223-225 Collingwood Street Kingston, ON K7L 3X7

Incredible opportunity to buy an investment property in the heart of the university district, one block from Union Street, close to Gord Downie Pier and of course an easy walking distance to the university sits this fantastic triplex. Each unit has five bedrooms, a large eat-in kitchen (with in house laundry), bathroom and an additional bonus room on the second floor. Although these units are currently rented as four bedroomproperties they can easily be rented as a five bedroom if any new owner so wishes. It is also worth noting that the attic space in these units is large and could be developed to add 2 additional bedrooms and small bathroom to each unit! Unit 225 has been updated to boast new vinyl plank flooring and an updated bathroom. Units 221 and 223 have been maintained meticulously by the current tenants and have not required any aesthetic updates. Another bonus is space for parking at the rear of the building. The asphalt shingles were replaced in 2016 and the furnaces in unit 221 and 223 were updated in 2016 and the furnace in 225 was updated in 2013. This property would be a solid investment for anyone looking to be in this market.