ON > Kingston > 22 - East Of Sir John A. Blvd
Kingston, ON K7K 3A7,271-273 Rideau ST
Kingston, ON K7K 3A7,271-273 Rideau ST
Kingston, ON K7K 3A7,271-273 Rideau ST
Kingston, ON K7K 3A7,271-273 Rideau ST
Kingston, ON K7K 3A7,271-273 Rideau ST
Kingston, ON K7K 3A7,271-273 Rideau ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,175,000
Est. payment | /mo

11 Beds

5 Baths

Save
$ 1,175,000
Est. payment | /mo
Save

11 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X12146864

Style 2-Storey

Bedrooms 11

Building Age 100+

Annual Tax Amount $7,243

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Seize this rare chance to elevate your investment portfolio! This exceptional 5-unit semi-detached building is located just steps away from the vibrant historic downtown Kingston. This property boasts two spacious 3-bedroom units, two generous 2-bedroom units, and a cozy 1-bedroom unit all designed without carpets for a fresh and airy atmosphere. Enjoy the convenience of a large parking lot situated behind the building for your tenants. The property has seen numerous updates, including modern flooring throughout, select window replacements, and a brand-new roof installed in 2018. Its truly a turnkey investment, currently generating an impressive monthly rental income of $7,910.35 (with tenants covering their own hydro), resulting in a robust gross annual net income of $94,924.20. Conveniently located within walking distance of public transport, parks, schools, and just blocks away from all the shops, entertainment, and dining options that historic downtown Kingston has to offer, this is an opportunity you wont want to overlook!

Location

Province ON

County Frontenac

Community 22 - East Of Sir John A. Blvd

Area Frontenac

Rooms

Family Room No

Basement Full

Kitchen 5

Separate Den/Office 2

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private

Pool None

Waterfront Description None

View City

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 46.1

Lot Depth 106.0

Total Parking Spaces 4

Building

Unit Features Lake/Pond,Park,Public Transit,School

Foundation Block, Stone

Others

Security Features Smoke Detector

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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