For Sale - 80 Virginia Street, Kingston, Ontario

Est payment $22,809/mo
Views   1
Time on Jump  51 day
  • 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

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80 Virginia Street
Kingston , Ontario
$4,750,000
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