1028 Johnson Street Kingston, Ontario K7M 2N4

10 Bedroom 5 Bathroom 2,500 - 3,000 ft2
None Radiant Heat

$1,189,900

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 33%+ 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). (id:29295)

Property Details

MLS® Number X13656320
Property Type Multi-family
Community Name 18 - Central City West
Parking Space Total 10

Building

Bathroom Total 5
Bedrooms Above Ground 10
Bedrooms Total 10
Age 31 To 50 Years
Amenities Separate Electricity Meters
Appliances Water Heater - Tankless, Water Heater
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 82 Ft
Size Frontage 100 Ft
Size Irregular 100 X 82 Ft
Size Total Text 100 X 82 Ft|under 1/2 Acre
Zoning Description A2

https://www.realtor.ca/real-estate/30134680/1028-johnson-street-kingston-central-city-west-18-central-city-west

Joel Malcolm
Salesperson

(613) 484-8555
www.axonbrokerage.ca/

Axon Real Estate Brokerage Inc.
85 Princess Street
Kingston, Ontario K7L 1A6

(613) 417-3365
www.axonbrokerage.ca/

David Worsley
Salesperson

(613) 417-3365

Axon Real Estate Brokerage Inc.
85 Princess Street
Kingston, Ontario K7L 1A6

(613) 417-3365
www.axonbrokerage.ca/

Jeff Podgorski
Salesperson

(905) 828-1122
www.jeffpodgorski.com/
www.instagram.com/jeffpodgorski__/
www.linkedin.com/in/jeffreypodgorski/

Royal LePage Real Estate Services Ltd.
2520 Eglinton Ave West #207c
Mississauga, Ontario L5M 0Y4

(905) 828-1122
(905) 828-7925