Ideal investment opportunity TRIPLEX in downtown Kingston with a mix of commercial and residential. Home includes a vibrant, registered with the city, bed and breakfast Airbnb that comes turn key and has potential income of $30,000.00. The bed and breakfast encompasses the second and third floor of the building and includes 2 full washrooms a gorgeous living area with 17 foot ceilings and skylights, a full kitchen and laundry facilities and a massive 3d floor master bedroom with its own air conditioning heat pump. The main floor office space has its own entrance and includes a back door entrance onto a 700 sf interlocking patio that has a feature limestone wall and provides a very private oasis from the hustle and bustle of the city. This area has a waiting area with a glass wall feature, and two adjoining offices and a two piece bath. This area is also totally separate from the main home but could be easily incorporated into the main home by opening up a door in the main entrance way which was drywalled over to create the office. Estimated income from this area could be $24,000, or if you wish to work from home, as many are doing today, this could be the perfect location to keep home and work life separate in one handy downtown location. Lower level with its own separate rear entrance is a funky bachelor apartment that has a full kitchen and a four piece bathroom with a potential income of $18,000.Work from home, or use it as a full investment property. In any case it is up to you. With it's versatility for the modern life style, and it's charm and grace it would be easy to make this home your own. ALL UTILITIES (HEAT, OIL, ELECTRIC, WATER AVERAGE 379.00 PER MONTH)AND INSURANCE IS $173 PER MONTH. POTENTIAL INCOME $6,000.00 PER MONTH. TAXES, UTILITIES AND INSURANCE $1,653 PER MONTH NET $4347.00 PER MONTH
Address
166 Queen Street
List Price
$799,900
MLS® Status
New
Expiration Date
2026-06-08
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Kingston
Sub-Area
22 - East of Sir John A. Blvd
Region
Frontenac
Bedrooms (Total)
5
Lot Size Source
GeoWarehouse
Lot Depth
66
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
30
Parcel Number
360490183
Total Building Area
2000
Occupant Type
Owner+Tenant
Cross Street
MONTREAL ST
Approx. Age
100+ Years
MLS® Number
X12970626
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Basement
Yes
Postal Code
K7K 1B1
Posession Details
IMMEDIATE
Tax Amount
$7,972.45
Tax Year
2026
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Source
Electric
Heat Type
Oil Forced Air
Cooling Features
Yes
UFFI
No
Garage Type
None
Kitchens Total
2
Tax Legal Description
PT LT 315 ORIGINAL SURVEY KINGSTON CITY AS IN FR650845
Sewer
Sanitary+Storm
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