Map location of 79 81 QUEEN STREET, Kingston (East of Sir John A. Blvd), ON K7K1A5
$1,600,000
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79 81 Queen Street, Kingston (east Of Sir John A. Blvd), ON K7K1A5

 Contact
- Beds
0 Baths
3,170 Sq Ft

Welcome to 79-81 Queen Street, a historic gem in the heart of downtown Kingston. Built in 1840, this stately limestone building combines timeless charm with modern amenities, making it a standout investment opportunity. The property features limestone construction with exposed brick interiors that exude character and tenants love. Located in Kingston's vibrant downtown core, it has so many amenities within easy walking distance including the waterfront, Queens University, Kingston General Hospital, and an incredible number of shops, restaurants, and cultural attractions. This turnkey investment offers four residential units, all separately metered to ensure low operating costs. Each unit includes appliances, with two featuring dishwashers and one equipped with laundry as well. The property has a history of being fully rented with no vacancies, highlighting its strong rental demand. Additionally, 10 coveted parking spots generate an extra $1, 000 per month. There is also room for expansion on the large lot, offering opportunities to add to this property. With easy cosmetic renovations, the units themselves have significant potential for increased revenue, adding even more value to this already attractive investment. Current rents include Unit 79-1 $1, 400/month (Oct 2024 - Sep 2025), Unit 79-2 $1, 800/month (May 2024 - Apr 2025), Unit 81-1 $1, 691/month (month-to-month), and Unit 81-2 $1, 800/month (Jul 2024 - Jun 2025). Combined with the parking income, the property currently has a gross annual income of $92, 292 and a net operating income of $67, 561. With its unbeatable location, solid income stream, and historic charm, 79-81 Queen Street offers a rare opportunity to own a piece of Kingston's heritage while enjoying a lucrative, low-maintenance investment. (id:55598)

Listing By: JESSICA HELLARD - RE/MAX FINEST REALTY INC., BROKERAGE
Listing provided courtesy of Canadian Real Estate Association
  • MLS® X11898996
  • Date Listed12/20/2024
  • Days on Realty 18 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Other
  • Subdivision East of Sir John A. Blvd
  • Property Type Multi Family
  • Water Public
  • Square Feet 3,170 sq. ft
  • Price Per Sq. Ft $504.73

Interior Features

  • Appliances Dishwasher, Dryer, Range, Refrigerator, Stove, Washer
  • Cooling Fully Air Conditioned
  • Heating Baseboard Heaters

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

École secondaire publique Mille-Iles

Public • 6 - 12

32.19 km

Distance

La Salle Secondary School

Public • 6 - 12

32.19 km

Distance

Loyalist Collegiate and Vocational Institute / Calvin Park Public School

Public • 6 - 12

32.19 km

Distance

Regiopolis-Notre Dame Catholic High School

Public • 9 - 12

32.19 km

Distance

Kingston Secondary School

Public • 9 - 12

32.19 km

Distance

Limestone School of Community Education

Public • 9 - 12

32.19 km

Distance

Frontenac Secondary School

Public • 9 - 12

32.19 km

Distance

Cathedrale Catholic School

Private • PK - 8

20 km

Distance

Kingston Collegiate and Vocational Institute

Private • 9 - 12

20 km

Distance

Quintilian School

Private • - 5

20 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / K7K1A5

Source: Walkscore

98/100

Walker's Paradise

Walk Score ®

59/100

Good Transit

Transit Score ®

72/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

24 nearby routes: 24 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 40/100, Bike Score: 57/100.

Points of interest near 79 81 QUEEN STREET, Kingston (East of Sir John A. Blvd), ON K7K1A5

26 m

Distance

35 m

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70 m

Distance

82 m

Distance

102 m

Distance

13 m

Distance

96 m

Distance

13 m

Distance

96 m

Distance

81 m

Distance

102 m

Distance

48 m

Distance

63 m

Distance

78 m

Distance

89 m

Distance

101 m

Distance

Frequently Asked Questions for 79 81 QUEEN STREET

Source: Realty.com

79 81 QUEEN STREET, Kingston (East of Sir John A. Blvd), ON K7K1A5 is a Multi Family, Residential Income property listed for $1,600,000 The property is 3170 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 40 photos of 79 81 QUEEN STREET.

The full address for this home is 79 81 QUEEN STREET, Kingston (East of Sir John A. Blvd), ON K7K1A5.

79 81 QUEEN STREET has been listed on Realty.com since Fri December 20, 2024

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 40/100, Bike Score: 57/100.

Listing provided courtesy of: RE/MAX FINEST REALTY INC., BROKERAGE (tel: (613) 389-7777)
Listing agent: JESSICA HELLARD (tel: (613) 532-5336)

This content last refreshed on 2025-01-07 18:18:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 79 81 QUEEN STREET, Kingston (East of Sir John A. Blvd), ON K7K1A5 : MLS® X11898996

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