271-273 Rideau Street

Kingston, ON

3,411 sqft • Investment • 352 days on market

$1,050,000

Exceptional investment opportunity with this well-maintained 5 unit multiplex, situated near Kingston's vibrant downtown core, along with K.G.H & Queens University. Offering a balanced mix of apartments & the benefit of parking for 4 vehicles, this property is attractive to current & future renters alike. This solid multi-unit has a steady rental history, & low-maintenance operating structure, making it a valuable addition to any investment portfolio. Don't miss your chance to secure this proven income-producing property in downtown Kingston, one of the most desirable rental markets.

Listing Details

Taxes (2025): $7,604
Listed: September 4, 2025

Price History

Listing history

Property

Lot Size: 46.1 x 106 Feet

Location & Legal

Cross Street: Rideau Street & Charles Street
Zoning: B1.207
Parcel Number: 360010181
Possession: Flexible

Commercial

Business Type: Apts - 2 To 5 Units
Occupancy: Tenant

Included

Inclusions: Five (5) Refrigerators, Five (5) Stoves, Two (2) Washers, Two (2) Dryers.
Exclusions: All Tenants Belongings
Rental Items: Two (2) Hot Water Tanks

Community

Postal area K7K

Population: 33,705
Private dwellings: 16,786
Median age: 37.2
Average household size: 2.1
Median household income: $67,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Kingston · last 12 months

Median sold price: $585,000
Homes sold: 1,628
Median days on market: 24
Sale-to-list price: 97.3%

Based on 1,628 recorded sales of commercial properties in Kingston over the last 12 months.

Listed by

ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Location

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