TURNKEY 5-PLEX IN DOWNTOWN KINGSTON - CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2500-3000
Lot Size:
<.50
Lot Depth:
52'2"15.9 m
Lot Frontage:
45'3⅛"13.8 m
Direction Faces:
South
Bedrooms:
7
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
7
Kitchens Above Grade:
5
Rooms Above Grade:
20
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
None
Parking Features:
Available, Private
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,061.26 /
2025
Assessment:
$- /
-
Frontenac
Kingston
22 - East of Sir John A. Blvd
Park, Public Transit, Rec./Commun.Centre, School
Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Landscaped
Carbon Monoxide Detectors
Hot Water Tank x 3
Stoves x 5, refrigerators x 5, washer x 1, dryer x 1
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