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$1,189,900
Est. payment /mo
5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 18 - Central City West
MLS Listing ID X13656318
Annual Tax Amount $7,545
Tax Year 2026
Property Sub-Type Investment
Property Description
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 33%+ 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).
Location
Province ON
County Frontenac
Area Frontenac
Rooms
Kitchen 5
Interior
Cooling No
Heat Source Gas
Exterior
Utilities Available Yes
Lot Frontage 100.0
Lot Depth 82.0
Building
Building Age 31-50
Others
ParcelsYN No
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Listed by AXON REAL ESTATE BROKERAGE INC.
NEARBY SCHOOL & BUSINESS
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