© 2026 HomeSix Realty Inc. All rights reserved.
MLS® X13778204
Kingston, ON
Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 6 one-bedroom units and 6 efficient bachelor units. Situated in a high-demand location with easy transit access to downtown amenities and post-secondary institutions. Strong Revenue Stream: Generating a solid $186600 in gross annual rent, plus extra income from the onsite coin-operated laundry and 3 dedicated outdoor parking spaces. Current Rent is 12% below market across the building, with room to improve. Low Owner Capital Expenditure: New roof replaced 2 years ago, offering low maintenance risk for years to come.Minimal Utility Costs: Each unit is individually metered for hydro, drastically keeping landlord utility expenses low. Key Features: Carpet-free building interior, exterior lighting, updated fire protection system, and select units with cozy gas fireplaces. An exceptionally stable, low-maintenance multi-family asset offering strong cash flow with reliable upside. CMHC Mortgage is transferable with certain conditions. The Loan loan term ends in 2029
Inclusions
12 Stoves, 12 Refrigerators. New Hot water Tank(2 years), New Roof(1 year)
Exclusions
Coin Washer Dryer No need to paid rent, Tenants' Belongings
Broker
CENTURY 21 LANDUNION REALTY INC.
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Multiplex
442 Macdonnell Street Kingston
Kingston
Type
Multiplex
Basement
None
Parking
None (3)
Property Tax
~$20,636/yr
Heating
Baseboard
Buying Essentials
Facing Direction
West
Parking
None (3)
Finances
List Price
$2,375,000
Property Tax
~$20,636/yr
Property Specs
Property Type
Multiplex
Basement
None
Living & Amenities
Heating Type
Baseboard
Features
None
Policies & Utilities
Neighbourhood
Kingston
Listed On
Sep 13, 2026
Days on Market
Current: 55 days
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