For Sale - 120 Yonge Street, Kingston, Ontario

Est payment $10,084/mo
Views   2
Time on Jump  50 day
  • Five-unit residential building in historic Portsmouth Village, great investment potential.
  • Renovated in 2021, mixing historic charm with modern upgrades and efficiency.
  • Includes four spacious two-bedroom units and one one-bedroom unit, fully self-contained.
  • High standard finishes with stainless steel appliances and quartz countertops throughout.
  • Tenants pay their own utilities, ensuring low-maintenance ownership for landlord.



Prime multi-unit investment opportunity in historic portsmouth village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of portsmouth village, ideally located at the corner of king street west and yonge street. Fully renovated in 2021, it blends historic charm with modern function, just steps from lake ontario, queens university, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, hrv, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal.
Listing IDX13250158
Address120 Yonge Street
CityKingston, Ontario
Price$2,100,000
Bed / Bath9 / 6 Full
Style2-Storey, Multiplex
ConstructionVinyl Siding
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features On Demand Water Heater, ERV/HRV, Separate Hydro MeterOwnership FreeholdBasement Crawl SpaceFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 5.00
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Listing Agency:  RE/MAX RISE EXECUTIVES, BROKERAGE

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120 Yonge Street
Kingston , Ontario
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