297 Helen Street

Kingston, K7L 4P6
FOR SALE
$5,300,000
297 Helen Street, Kingston
297 Helen Street
297 Helen Street
297 Helen Street
297 Helen Street
Investment
CATEGORY
29,405 Sq Ft
TOTAL AREA
X12575588
MLSID
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Property Description
Two 14-unit apartment buildings on one parcel in a prime downtown Kingston location. Strong in-place cash flow with below-market rents and a clear value-add trajectory. The property generates a current NOI of $216,006 annually (reflecting the in-progress unit turnover). All units have independent hydro service. The asset is also well-positioned for CMHC MLI Select financing, providing investors the opportunity to enhance leverage and maximize long-term returns .Full financials, rent roll, environmental reports, survey, floorplans, and photos are available through the secure data room.
Property Details
Address
297 Helen Street
Postal Code
K7L 4P6
Property Type
Investment, Investment
Days On Market
7
Use
Apartment
Zoning
URM6
Lot Size
92' x 242'
Total Area
29,405 Sq Ft
Taxes
$64,601 (2025
Heat Type
Gas Hot Water
Heat Source
Gas
Water
Municipal
Garage Type
None
Listing contracted with Re/Max Rise Executives, Brokerage
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