$4,750,000
( $22.62Per Sq Foot )
$25,499 est/mo Sourced by Back At You80 Virginia Street,Kingston, ON K7K 5Y4
Kingston, ON K7K 5Y4
Description
Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside.
Details
| MLS # | X13124720 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 102 |
| Listing Provided By | RE/MAX RISE EXECUTIVES, BROKERAGE | X13124720 470700 |
Features
| SQ Feet | 210,000 |
|---|---|
| Acreage | 4.82 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 56973.17 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT BLK C, PL 1675, PTS 9 & 19, 13R2597; S/T & T/W FR487688 ; KINGSTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7K 5Y4 |
| Area | 23 Rideau |
| Listing VS Median (in K7K 5Y4) | |
Price: $4,750,000 low | high Med: $4,750,000 sqft: 210,000 low | high Med: 210,000 $ / sqft: $23 low | high Med: $23 On site: 102 low | high Med: 102 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7K 5Y4 |
| Area | 23 Rideau |
| Listing VS Median (in K7K 5Y4) | |
Price: $4,750,000 low | high Med: $4,750,000 sqft: 210,000 low | high Med: 210,000 $ / sqft: $23 low | high Med: $23 On site: 102 low | high Med: 102 | |
Listing Updated: July 9, 2026 at 5:33:05 PM PDT