493 COLLEGE St
Central City East, Kingston, Ontario K7L 4M8
- Bedrooms
- 8+3
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $700at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $7,6422026 tax year
- Built
- 51-99
- Parking
- 62 detached
- Days on market
- Members
The brief
About 493 COLLEGE St
493 COLLEGE St is an 8+3-bedroom, 4-bathroom multiplex in Central City East, Kingston, listed for sale at an asking price of $1,575,000 (MLS® X14098082).
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.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,642 / 2026
- MLS® number
- X14098082
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 51-99
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 45 x 125 ft
- Listed on
- Parking
- 2 Detached, 6 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Central City East
- Municipality
- Kingston
Building
- Size
- 2000-2500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 8+3
- Bathrooms
- 4
- Bathroom Details
- 2 × 4pc Main, 1 × 4pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Full
- Kitchens
- 3
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45 ft
- Depth
- 125 ft
- Lot Size
- 45 x 125 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator (x4), stove (x4), dishwasher (x4), microwave (x4), washer/dryer stack-up (x4), and window coverings.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.41 × 4.17 m | — | Main |
| Living | 3.65 × 5.14 m | — | Main |
| Bathroom | 1.82 × 2.66 m | 4 Pc Bath | Main |
| Primary | 3.31 × 4.15 m | — | Main |
| 2nd Br | 3.31 × 3.79 m | — | Main |
| 3rd Br | 2.59 × 2.98 m | — | Main |
| 4th Br | 3.19 × 3.76 m | — | Main |
| Kitchen | 3.16 × 3.8 m | — | 2nd |
| Living | 3.62 × 5.35 m | — | 2nd |
| Bathroom | 1.81 × 2.7 m | 4 Pc Bath | 2nd |
| Primary | 4.4 × 4.17 m | — | 2nd |
| 2nd Br | 3.33 × 3.8 m | — | 2nd |
| 3rd Br | 2.97 × 4.15 m | — | 2nd |
| Kitchen | 5.0 × 1.56 m | — | Bsmt |
| Dining | 1.66 × 2.18 m | — | Bsmt |
| Living | 6.83 × 3.91 m | — | Bsmt |
| Bathroom | 1.5 × 2.14 m | 4 Pc Bath | Bsmt |
| Primary | 3.54 × 3.79 m | — | Bsmt |
| 2nd Br | 3.07 × 3.79 m | — | Bsmt |
| 3rd Br | 2.7 × 3.79 m | — | Bsmt |
| Kitchen | 4.23 × 2.12 m | — | Main |
| Dining | 2.06 × 1.41 m | — | Main |
| Living | 2.86 × 2.35 m | — | Main |
| Br | 2.95 × 2.97 m | — | Main |
| Bathroom | 1.51 × 2.78 m | 4 Pc Ensuite | Main |
Listing history
Buy/sell history for 493 COLLEGE St, Kingston, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,575,000 | N/A | For Sale | X14098082 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $315,000
- Total mortgage amount
- $1,260,000
- Total interest payment
- $895,800
- Total purchase cost
- $2,470,800
- Mortgage payment
- $7,186/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$7,823- Rent $0
- Shortfall $7,823
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $27,975
- Total land transfer tax
- $27,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $23,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,575,000
- $23,500
- Ontario total
- $27,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,625 sq ft523 m²
- Street frontage
- 45 ft13.7 m
- Depth
- 125 ft38.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
- Groundwater recorded about 1.6 m below ground nearbyThe middle water level in the well records within 500 m (88 records). It changes with the season and from spot to spot.500 m
- Bedrock about 1.8 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 4 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 6.2 km6.2 km
Province of Ontario open data · Municipal development applications
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Novelis Inc. — Kingston Works, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Kingston Hydro CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Kingston Online Services, Rogers, WTC Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Cataraqui Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kingston. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Rideau Public SchoolLimestone DSB | Public · grades JK–6 · French Immersion | 550 m | 82%Grade 6 average |
| Centennial Public SchoolLimestone DSB | Public · grades JK–6 | 1 km | 76%Grade 6 average |
| St Thomas More Catholic SchoolAlgonquin and Lakeshore CDSB | Catholic · grades JK–8 | 1.1 km | 46%Grade 6 average |
| École élémentaire publique Madeleine-de-RoybonConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades JK–6 | 1.3 km | 86%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Loyalist Collegiate and Vocational InstituteLimestone DSB | Public · grades 9–12 | 800 m | 48%Grade 9 math |
| Katarokwi Learning CentreLimestone DSB | Public · grades 9–12 | 900 m | — |
| École secondaire publique Mille-IlesConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades 9–12 | 1.3 km | 87%Grade 9 math |
| Regiopolis/Notre-Dame Catholic High SchoolAlgonquin and Lakeshore CDSB | Catholic · grades 9–12 · French Immersion | 1.4 km | 61%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Central City East are shown to signed-in members.