1028 Johnson Street
Kingston, K7M 2N4
FOR SALE
$1,189,900
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Investment
CATEGORY 100 x 82
LOT SIZE X13656318
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Property Description
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
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Property Details
Address
1028 Johnson Street
Community
City
Postal Code
K7M 2N4
Property Type
Investment, Investment
Use
Apartment
Zoning
A2
Lot Size
100' x 82'
Acreage
8,309.7 Feet
Taxes
$7,546 (2026
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Axon Real Estate Brokerage Inc.
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