160 King Street E Kingston, Ontario K7L 3A2

9 Bedroom 5 Bathroom 2,500 - 3,000 ft2
Window Air Conditioner Baseboard Heaters

$1,688,000

Fully rented, extensively renovated and generating $129,600 in annual rental income, 160 King Street East offers an exceptional opportunity to own a turn-key fourplex in the heart of Kingston's historic downtown. With 9 bedrooms across four units, this property combines established income with a location that keeps tenants close to everything: Queen's University, Kingston General Hospital, City Park, the waterfront, and downtown shops, cafés and restaurants. All four units are currently leased at a combined $10,800 per month, supported by a strong rental history and consistently low vacancy. The five-bedroom unit is a standout performer, attracting steady student demand and achieving rents at $1,100 per bedroom per month. The complete renovation includes updated electrical, plumbing and mechanical systems, with all work fully permitted and inspected. Beautifully maintained interiors, separate hydro meters for each unit and two parking spaces further enhance the property's appeal. Its walkable location attracts students, hospital staff and professionals alike, providing access to several established tenant markets. An attractive addition to an investment portfolio, or a compelling option for Queen's parents planning ahead for their student's housing while securing a long-term Kingston investment. (id:29295)

Property Details

MLS® Number X14177822
Property Type Multi-family
Community Name 14 - Central City East
Features Carpet Free
Parking Space Total 1
View Type Lake View

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Below Ground 2
Bedrooms Total 9
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Window Air Conditioner
Exterior Finish Brick, Stucco
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 55 Ft ,6 In
Size Frontage 24 Ft ,1 In
Size Irregular 24.1 X 55.5 Ft
Size Total Text 24.1 X 55.5 Ft

Rooms

Level Type Dimensions
Second Level Bathroom 1.81 m x 2.79 m
Second Level Laundry Room 3.45 m x 3.8 m
Second Level Other 3.7 m x 2.17 m
Second Level Kitchen 2.55 m x 2.62 m
Second Level Living Room 3.58 m x 4.36 m
Second Level Bathroom 1.59 m x 1.21 m
Second Level Kitchen 3.61 m x 4.27 m
Second Level Living Room 3.07 m x 4.27 m
Second Level Bedroom 3.11 m x 4.13 m
Basement Living Room 4.62 m x 4.5 m
Basement Bedroom 3.21 m x 3.62 m
Basement Bedroom 2.77 m x 3.62 m
Basement Bathroom 2.45 m x 2.86 m
Basement Utility Room 1.86 m x 4.05 m
Main Level Kitchen 2.41 m x 2.83 m
Main Level Dining Room 2.41 m x 1.52 m
Main Level Living Room 2.49 m x 4.3 m
Main Level Bedroom 3.25 m x 2.74 m
Main Level Bathroom 1.54 m x 2.69 m
Main Level Mud Room 3.28 m x 1.99 m
Main Level Other 3.82 m x 4.43 m
Other Kitchen 1.68 m x 2.52 m
Other Living Room 3.49 m x 5.79 m
Other Bedroom 3.21 m x 3.27 m
Other Bedroom 3.21 m x 3.22 m
Other Bathroom 2.05 m x 2.2 m

https://www.realtor.ca/real-estate/30510312/160-king-street-e-kingston-central-city-east-14-central-city-east

Jordan Mcgregor
Salesperson

(613) 483-4052
therealestategroup.ca/

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
www.remaxrise.com/

Kateryna Topchii
Salesperson

(613) 893-7653
katerynatopchii.remaxrise.com/
www.facebook.com/kateryna.topchii.bsk/
www.instagram.com/kateryna_topchii/

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
www.remaxrise.com/