271-273 Rideau Street
Kingston, ON
- 11 bed
- 5 bath
- approx. 3000-3500 sqft
- Multiplex
Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.
Listing Details
- Taxes (2025)
- $7,604
- Listed
- April 14, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Separate Hydro Meter
- Lot Size
- 46.1 x 106 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Rideau Street & Charles Street
- Parcel Number
- 360010181
- Possession
- Flexible
- 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
Schools
Elementary
- Katarokwi Elementary Learning Centre Elementary Public School0.7 km
Public · Limestone DSB
- Central Public School0.8 km
Public · Limestone DSB · 220 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Cathedrale Catholic School1.2 km
Catholic · Algonquin and Lakeshore CDSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 54% met the provincial standard
Secondary
- Regiopolis/Notre-Dame Catholic High School0.9 km
Catholic · Algonquin and Lakeshore CDSB · 825 students
Grade 10 literacy: 83% met the provincial standard
- Kingston Secondary School2.1 km
Public · Limestone DSB · 1110 students
Grade 10 literacy: 87% met the provincial standard
- La Salle Secondary School2.4 km
Public · Limestone DSB · 660 students
Grade 10 literacy: 78% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Kingston · last 12 months
- Median sold price
- $581,762
- Homes sold
- 1,592
- Median days on market
- 24
- Sale-to-list price
- 97.2%
Based on 1,592 recorded sales of residential freehold properties in Kingston over the last 12 months.
Rooms
2 × 4-piece on Main, 2 × 4-piece on Second, 4-piece on Basement
Second
- Bathroom5'5" x 8'
- Bedroom10'4" x 8'7"
- Bedroom13'4" x 11'9"
- Bedroom10'4" x 8'5"
Main
- Kitchen16'2" x 14'9"
- Kitchen13'10" x 13'11"
- Living Room13'10" x 10'1"
- Living Room9'9" x 17'5"
Basement
- Bathroom10'1" x 4'11"
- Bedroom13'4" x 13'11"
- Kitchen10'1" x 5'6"
- Living Room12'9" x 16'8"
Listed by
RE/MAX FINEST REALTY INC., BROKERAGE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$189,800
Estimated Monthly Payment
$4,662
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,662/mo (20% down, 5.5%)
Taxes: $634/mo · Insurance: $237/mo
Estimates only. Consult a financial advisor.
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