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160 King Street E, Kingston, ON K7L 3A2

$1,888,000

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  • Oct 06, 2025

    • Kingston, 14 - Central City East

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Description
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.
Overview
Property ID: X12339071
Type: Fourplex
Bedrooms: 9
Bathrooms: 5
Square: 2,750 m²
Price: $1,888,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Window Unit(s)
Heating: Baseboard
ParkingFeatures: None
YearBuilt: 100+
TaxAnnualAmount: 9558.99
PossessionDetails: Flexible
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RE/MAX RISE EXECUTIVES, BROKERAGE
RE/MAX RISE EXECUTIVES, BROKERAGE
RE/MAX RISE EXECUTIVES, BROKERAGE
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