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. (id:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13124720 |
| Property Type | Multi-family |
| Community Name | 23 - Rideau |
| Cooling Type | None |
| Heating Type | Radiant Heat |
| Size Interior | 210,000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 295 Ft ,1 In |
| Size Frontage | 135 Ft |
| Size Irregular | 135.05 X 295.16 Ft |
| Size Total Text | 135.05 X 295.16 Ft |
| Zoning Description | B1 |
https://www.realtor.ca/real-estate/29748589/80-virginia-street-kingston-rideau-23-rideau
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)