493 COLLEGE Street, Kingston, ON K7L 4M8
14 - Central City East, Kingston · Near Princess Street to Regent Street to Park Street to College Street. · View map
About this home
Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 8
- Basement bedrooms
- 3
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 15
- Basement
- Full, Finished, Apartment
- Lot size
- 45 x 125 ft
- Faces
- West
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Brick, Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $7,642/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Princess Street to Regent Street to Park Street to College Street.
- Neighbourhood
- 14 - Central City East
More
- Price per sq ft
- ~$700 (at 2,250 sq ft)
- MLS® number
- X14098082
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The home and its surroundings
- Water Heater Owned
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
493 COLLEGE Street, Kingston, ON K7L 4M8
14 - Central City East, Kingston · Near Princess Street to Regent Street to Park Street to College Street.
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Listing history for 493 COLLEGE Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 493 COLLEGE Street
Answers come straight from this home’s MLS® listing.
How much is 493 COLLEGE Street listed for, and what would it cost each month?
493 COLLEGE Street is listed for $1,575,000. With 20% down ($315,000), the mortgage payment would be roughly $6,353 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,990 a month, all in. That figure is an illustration, not a quote.
Is 493 COLLEGE Street freehold or a condo, and is there a monthly fee?
493 COLLEGE Street is a multiplex in 14 - Central City East, Kingston. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 493 COLLEGE Street have?
493 COLLEGE Street has 8 bedrooms, plus 3 more bedrooms in the basement, and 4 bathrooms. The listing gives the style as 2-storey.
Does 493 COLLEGE Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 493 COLLEGE Street have a finished basement?
The listing describes the basement as full, finished, apartment. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 493 COLLEGE Street?
493 COLLEGE Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 493 COLLEGE Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 45 x 125 ft.
How is 493 COLLEGE Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 493 COLLEGE Street?
Property taxes are $7,642 a year (2026), or about $637 a month.
Where is 493 COLLEGE Street?
493 COLLEGE Street is in the 14 - Central City East community of Kingston. The nearest main intersection is Princess Street to Regent Street to Park Street to College Street.. The postal code is K7L 4M8.
Is 493 COLLEGE Street still for sale?
Yes. It is an active listing (MLS® X14098082). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 493 COLLEGE Street asking?
Similar properties for sale nearby right now include 317 University Avenue at $1,390,000 (11 bed), 79-81 Queen Street at $1,475,000 (2+3 bed) and 717 King Street W at $1,799,999 (16 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 493 COLLEGE Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 493 COLLEGE Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 14 - Central City East, picked by style, size and price.
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Triplex$1,799,999717 King Street W, Kingston16 bed · 7 bath · 18 - Central City WestCourtesy of: SUTTON GROUP-HERITAGE REALTY INC.View home →Courtesy of: EXP REALTY, BROKERAGE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.