1028 Johnson Street

FOR SALE
$1,189,900
1028 Johnson Street, Kingston
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
1028 Johnson Street
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10
BEDROOMS
5
BATHROOMS
5
KITCHENS
25
ROOMS
X13656320
MLSID
Contact Us
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).
Property Features
On Demand Water Heater, Separate Hydro Meter, Water Heater Owned, Private
Property Details
Address
1028 Johnson Street
Postal Code
K7M 2N4
Property Type
Multiplex, Multiplex
Zoning
A2
Lot Size
100' x 82'
Acreage
8,309.7 Feet
Taxes
$7,546 (2026
Basement
Apartment
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
None
Listing contracted with Axon Real Estate Brokerage Inc.
271-273 Rideau Street, Kingston
10+1
BEDS
5
BATHS
$949,000
FOR SALE
Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.
686 Montreal Street, Kingston
9
BEDS
6
BATHS
$999,900
FOR SALE
686 Montreal Street is a legal 6-unit apartment building (6-plex) approx: 3,200-4,600 sq ft range (sources vary) 8 bedrooms total. 4 x 1 bedroom apartments and 2 x 2-bedroom apartments. Features: separate hydro meters per unit (tenant-paid utilities) shared laundry (basement). additional garage/workshop structure on site. Roof approx 10 yrs old. Electrical up grade 2 yrs ago. Common forced air furnace. Each tenant pays for their own hot water tank rental. From an investor standpoint: this is a classic Kingston cash-flow asset-older stock, separately metered, low operating complexity. planning / zoning insight (important for your project) from your pre-consult file (d00-139-1015) and city feedback: zoning: mui - mixed use 1 official plan: mixed use. What that means in practice: supports: multi-unit residential. conversions / intensification additional dwelling units (subject to site constraints)
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