Description

 Price: $ 1,680,000.00 MLS^®: X13047504         Location : 160 King Street E, Kingston, ON K7L 3A2

EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term.

Location Description

King St E and Lower Union St

Property Details

• Community: 14 - Central City East
• Property Type: Tenant/Residential Freehold
• Bedrooms: 9
• Bath: 5
• Garages: None

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Brick-Stucco (Plaster)
• Total Parking Space: 1

Features

• Heating: Baseboard Electric
• Sewer: Sewer ,

Media