Three-story brick apartment building with a gambrel roof and dormer window Features: concrete foundation, brick siding, downspout, shingle roof, lawn More Photos

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    For Sale - 80 Virginia Street, Kingston, Ontario

    Est payment $22,809/mo
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    Views   1
    Time on Jump  97 day

    AI Summary *

    • Well-maintained 25-unit low-rise apartment building in Kingston.
    • Convenient location on a bus route and near Highway 401.
    • Stable income with potential for rental increases on turnover.
    • Potential for additional income through tenant-paid hydro.
    • Strong rental market with long-term investment upside.




    Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in kingston, ontario. Previously reit-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to highway 401, and close to downtown kingston. The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro. A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside.
    Listing IDX13124720
    Address80 Virginia Street
    CityKingston, Ontario
    Price$4,750,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Radiant

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    Listing Agency:  RE/MAX RISE EXECUTIVES, 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.

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    80 Virginia Street
    Kingston , Ontario
    $4,750,000
    Get more info