For Sale: 80 Thomas Street, Kingston, ON - REW
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$1,099,000
5 bd • 3 ba • 2500 - 2999 sf • Multifamily
80 Thomas Street
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$1,099,000
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80 Thomas StreetKingston, ON, K7K 2E3

  • 5 Bed
  • 3 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: MATT THIBAULT, Broker, RE/MAX FINEST REALTY INC., BROKERAGE

Home facts and features

Price details
List Price
$1,099,000
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Gross Taxes for 2026
$4,768
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
130.7 feet
Frontage
40.7 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Full
Features
Separate Electricity Meters, Separate Heating Controls
Appliances
Refrigerator, Stove, Water Heater
Agent details
Primary Agent
Primary Broker
RE/MAX FINEST REALTY INC., BROKERAGE
Listing details
Days on REW
5 Days
MLS® Number
X13562722
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Regiopolis/Notre-Dame Catholic High School
  • Catholic
  • 9 - 12
St Patrick Catholic School
  • Catholic
  • JK - 8
St Peter Catholic School
  • Catholic
  • JK - 8
Central Public School
  • Public
  • JK - 8
Cathedrale Catholic School
  • Catholic
  • JK - 8
Molly Brant Elementary School
  • Public
  • JK - 8
Rideau Public School
  • Public
  • JK - 8
Sydenham Public School
  • Public
  • JK - 8
Kingston Collegiate
  • Public
  • 9 - 12
St Joseph School
  • Catholic
  • JK - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
MATT THIBAULT
Phone:
1
Cell:
(613) 985-3440
Office:
613-389-7777
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