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 # | X13656320 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 13 |
| Listing Provided By | AXON REAL ESTATE BROKERAGE INC. | X13656320 576100 |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.19 |
| Water Front | None |
| Interior Features | On Demand Water Heater, Separate Hydro Meter, Water Heater Owned |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Tar and Gravel |
|---|---|
| Foundation Details | Block |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 7545.55 |
|---|---|
| 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 On site: 13 low | high Med: 13 | |
| 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 On site: 13 low | high Med: 13 | |