Kingston, ON K7K 3A7,271-273 Rideau Street
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Kingston, ON K7K 3A7,271-273 Rideau Street
Kingston, ON K7K 3A7,271-273 Rideau Street
Kingston, ON K7K 3A7,271-273 Rideau Street
Kingston, ON K7K 3A7,271-273 Rideau Street
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Listed by Adam Koven • Royal LePage ProAlliance Realty, Brokerage
$ 1,200,000
Est. payment /mo
Active

271-273 Rideau Street Kingston, ON K7K 3A7

11 Beds

5 Baths

2,396 SqFt


UPDATED:

10/12/2024 08:41 PM

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,396 sqft

Price per Sqft $500

MLS Listing ID 40660528

Bedrooms 11

Abv Grd Liv Area 2,933

Originating Board Kingston

Annual Tax Amount $7,243

Lot Size 5,140 Sqft

Acres 0.118

Property Description

Don’t miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units – all carpet free, spacious and airy – with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600.

Location

Province ON

County Frontenac

Area Kingston

Zoning B1.207

Direction Cataraqui Street to Rideau Street to #271-273

Rooms

Basement Full, Partially Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Other

Exterior

Exterior Feature Lighting

Garage Asphalt

Waterfront No

Waterfront Description Lake/Pond

Roof Type Asphalt Shing

Street Surface Paved

Porch Porch

Lot Frontage 46.1

Lot Depth 106.0

Garage No

Building

Lot Description Rectangular, City Lot, Park, Public Transit, Shopping Nearby, Trails

Faces Cataraqui Street to Rideau Street to #271-273

Story 2

Foundation Block, Concrete Block, Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 360010181

Ownership Freehold/None


Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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271-273 Rideau Street