view of front of home with a front yard and brick siding Features: lawn, concrete foundation, window mounted ac, brick siding More Photos

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    For Sale - 1028 Johnson Street, Kingston, Ontario

    Est payment $6,242/mo
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    Time on Jump  3 day

    AI Summary *

    • Located in central Kingston with reliable rental income and growth potential.
    • Five 2-bedroom units with modern updates and future improvement opportunities.
    • On-site parking adds convenience and potential for extra income.
    • Well-equipped with separate hydro meters and updated infrastructure.
    • Proximity to universities and amenities ensures high rental demand.




    Well-located corner 5-plex in central kingston offering reliable rental income with clear upside potential. Currently generating roughly $84,000 annually including laundry and parking income, with an estimated noi around $64,000, representing a sub-5% cap rate (approximate). The property features five similar 2-bedroom units, each with a 4-piece bath, with three already updated and two offering future upside through improvements and rent growth. Situated on a corner lot with plenty of on-site parking, adding convenience for tenants and additional income potential. The building is well set up with separately metered hydro, 400 amp service, updated windows, radiant on-demand heating, owned hot water systems, and a roof replaced in 2015. Close to queen's university and st. Lawrence college, with easy access to transit and everyday amenities, supporting consistent rental demand and long-term growth.
    Listing IDX13002212
    Address1028 Johnson Street
    CityKingston, Ontario
    Price$1,299,999
    Bed / Bath10 / 5 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    Land Size8309.73
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features On Demand Water Heater, Separate Hydro Meter, Water Heater OwnedOwnership FreeholdWaterfront NoneBasement ApartmentFoundation BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 10.00
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    Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1028 Johnson Street
    Kingston , Ontario
    10 5 $1,299,999
    Get more info