Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
| MLS # | X13656318 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 46 |
| Listing Provided By | AXON REAL ESTATE BROKERAGE INC. | X13656318 576100 |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 8,319 |
| Acreage | 0.19 |
| Cooling Yes / No | No |
|---|---|
| Cooling | No |
| Heat Source | Gas |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 7545.55 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT PARKLT 8 BTN YONGE ST & MOWAT AV PL 54 KINGSTON CITY AS IN FR285613; KINGSTON ; THE COUNTY OF FRONTENAC |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7M 2N4 |
| Area | 18 Central City West |
| Listing VS Median (in K7M 2N4) | |
Price: $1,189,900 low | high Med: $1,189,900 sqft: 8,319 low | high Med: 8,319 $ / sqft: $143 low | high Med: $143 On site: 46 low | high Med: 46 | |
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7M 2N4 |
| Area | 18 Central City West |
| Listing VS Median (in K7M 2N4) | |
Price: $1,189,900 low | high Med: $1,189,900 sqft: 8,319 low | high Med: 8,319 $ / sqft: $143 low | high Med: $143 On site: 46 low | high Med: 46 | |