Multi-family

80 Virginia Street, Kingston

Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has...

    $4,750,000

    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.

    Property Summary
    Property Type:Multi-family
    Availability:For sale
    Building Type:Multi-Family
    Land Size:135.05 x 295.16 FT
    MLS® Number:X13124720
    Building Details
    Interior Size:210000 sq ft
    Heating Type:Radiant heat
    Fireplace:None
    Cooling:None
    Land Details
    Frontage:135 ft
    Depth:295 ft ,1 in
    Water:Municipal water
    Zoning Description:B1

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