More Photos

×

    For Sale - 79-81 Queen Street, Kingston, Ontario

    Est payment $7,083/mo
    Get pre-qualified
    Views   2
    Time on Jump  8 day




    Welcome to 79-81 queen street, a landmark limestone investment property in the heart of downtown kingston. Built circa 1840 and rich with historic character, this stately building pairs timeless limestone construction and exposed brick interiors with an exceptional location just steps from the waterfront, queen's university, kingston general hospital, shops, restaurants and cultural attractions. The property offers four residential units, each separately metered to help keep operating costs low, with appliances included in every unit, dishwashers in two and in-suite laundry in one. Current monthly rents are unit 79-1 at $1,495 beginning september 2026, unit 79-2 currently offered for lease at $1,795, unit 81-1 at $1,700 month-to-month and unit 81-2 at $1,995 beginning august 2026. An exceptional downtown asset, the property also includes 10 coveted parking spaces with the potential to generate an additional $1,000 per month. Based on current projected rents and parking income, the property offers gross annual income of $95,820 and net operating income of approximately $75,780. Its strong rental history reflects the consistent demand for distinctive downtown accommodations, while the large lot may offer future expansion possibilities, including additional units or an addition to the existing building, subject to municipal approvals. The apartments also present value-add potential through cosmetic improvements and future rent growth. With its irreplaceable limestone character, strong projected income, low operating-cost structure, substantial parking and potential for further growth, 79-81 queen street is a rare opportunity to acquire a distinguished piece of kingston's heritage in one of the city's most walkable and sought-after locations.
    Listing IDX13668722
    Address79-81 Queen Street
    CityKingston, Ontario
    Price$1,475,000
    Bed / Bath5 / 4 Full
    Style3-Storey, Fourplex
    ConstructionStone
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Carpet Free, Separate Hydro Meter, Water Heater OwnedOutdoor Features PorchAmenities Hospital, Library, Marina, Park, Public Transit, Rec./Commun.CentreOwnership FreeholdViews City, DowntownWaterfront NoneBasement Apartment, Full, Walk-Up, FinishedFoundation StoneHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 10.00
    ASAP

    Sat

    22

    Aug

    Sun

    23

    Aug

    Mon

    24

    Aug

    Tue

    25

    Aug

    Wed

    26

    Aug

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    Mon

    31

    Aug

    Tue

    1

    Sep

    Wed

    2

    Sep

    Thu

    3

    Sep

    Fri

    4

    Sep

    Sat

    5

    Sep

    Sun

    6

    Sep

    Mon

    7

    Sep

    Tue

    8

    Sep

    Wed

    9

    Sep

    Thu

    10

    Sep

    Fri

    11

    Sep

    Sat

    12

    Sep

    Sun

    13

    Sep

    Mon

    14

    Sep

    Tue

    15

    Sep

    Wed

    16

    Sep

    Thu

    17

    Sep

    Fri

    18

    Sep

    Sat

    19

    Sep

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  RE/MAX FINEST REALTY INC., BROKERAGE

    * 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    131 Montgomery Boulevard
    Orangeville, Ontario.
    2 Beds | 2 Baths
    $629,000
    3220 Turnstone Crescent
    Mississauga, Ontario.
    6 Beds | 4 Baths
    $1,299,000
    135 Keefer Road
    Thorold, Ontario.
    6 Beds | 2 Baths
    $699,000
    18400 Marine Park Drive
    Rondeau Bay Estates, Ontari…
    3 Beds | 2 Baths
    $529,000
    18400 Marine Park Drive
    Morpeth, Ontario.
    3 Beds | 2 Baths
    $529,000
    121 Hearst Circle
    Toronto, Ontario.
    4 Beds | 3 Baths
    $799,900
    386 Winona Drive
    Toronto, Ontario.
    3 Beds | 3 Baths
    $1,199,999
    13 Steadman Street
    Cambridge, Ontario.
    4 Beds | 3 Baths
    $859,000
    304 Annes Street
    Whitby, Ontario.
    4 Beds | 2 Baths
    $775,000
    Loading...
    79-81 Queen Street
    Kingston , Ontario
    5 4 $1,475,000
    Get more info