80 Virginia Street
Kingston, K7K 5Y4
FOR SALE
$4,750,000
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Investment
CATEGORY 135.05 x 295.16
LOT SIZE X13124720
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Property Description
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.
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Property Details
Address
80 Virginia Street
Community
City
Postal Code
K7K 5Y4
Property Type
Investment, Investment
Use
Apartment
Zoning
B1
Lot Size
135' x 295'
Taxes
$56,973 (2025
Heat Type
Radiant
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Re/Max Rise Executives, Brokerage
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