1348 Princess St is a 4-bedroom, 3-bathroom triplex in Kingston, listed for $725,000. It has 1500-2000 sq ft of living space.
1Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income.
2This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants.
3Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3.
Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income. This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants. Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3. Tenants pay heat and hydro, while the landlord covers water and sewer, ensuring stable and predictable expenses. Ideally located near Kingston Centre, downtown, Queen's University, and St. Lawrence College, with easy access to transit and Highway 401. Surrounded by amenities, this is an excellent opportunity to secure a solid investment in a high-demand rental area.
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $483 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 1348 Princess St
Every detail from the listing, in one place.
Type
Triplex
Style
1 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Separate Entrance, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Separate Entrance · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Triplex
1348 Princess St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12997692$725,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1348 Princess St Compares to the Kingston Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,562
/mo
based on the purchase price of $725,000
$145,000 cash
$580,000 financed
$488,512 total interest
Principal54%$580,000
Interest46%$488,512
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kingston
Other 4–6 bed homes for sale in Kingston around $725K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings687Homes for sale here right now.
Median vs prior 90 days−4.5%Compared with May 10 – Aug 8, 2026: prices down.
Based on 541 sales from Aug 8 – Nov 6, 2026 (581 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1348 Princess St
How much is 1348 Princess St listed for?
1348 Princess St is listed at $725,000 (MLS® X12997692). Summitly updates the price as soon as the MLS® record changes.
Is $725,000 a good price for 1348 Princess St?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Kingston. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1348 Princess St changed?
No — 1348 Princess St is still listed at its original asking price of $725,000.
How many bedrooms and bathrooms does 1348 Princess St have?
1348 Princess St has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Kingston.
How much would the monthly mortgage be on 1348 Princess St?
About $3,562 a month — principal and interest on $725,000 with 20% down ($145,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1348 Princess St compare with other homes in Kingston?
Its asking price of $725,000 is about 24% above the median sold price in Kingston over the last 90 days, $585,000, across 541 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1348 Princess St been sold before?
Summitly has no earlier MLS® sale or lease of 1348 Princess St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1348 Princess St?
1348 Princess St is in Kingston, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1348 Princess St been on the market?
206 days — 1348 Princess St was listed on April 14, 2026.
What is the price per square foot of 1348 Princess St?
About $363 to $483 per square foot: the asking price of $725,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 1348 Princess St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 1348 Princess St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Full.
