1028 JOHNSON STREET
Kingston (Central City West), Ontario
MLS® X13656318
$1,189,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13656318
- Bedrooms
- 10
- Bathrooms
- 5
- Year built
- —
1 / 47Listing description
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
Property summary
- MLS® number
- X13656318
- Property type
- Multi-family
- Building type
- Multi-Family
- Land size
- 8309.73 acres
- Annual property taxes
- $7,545.55
- Parking
- 10 spaces
- Days on market
- 38 days
Features & details
- Heating
- Radiant heat
- Cooling
- None
What would this home cost you?
Based on the $1,189,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of AXON REAL ESTATE BROKERAGE INC., KINGSTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.