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$2,100,000
Available - For Sale
Listing ID: X13250158
Prime Multi-Unit Investment Opportunity in Historic Portsmouth Village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of Portsmouth Village, ideally located at the corner of King Street West and Yonge Street. Fully renovated in 2021, it blends historic charm with modern function, just steps from Lake Ontario, Queens University, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, HRV, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of Kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal.
Price $2,100,000
Taxes: $9,496.92
Occupancy by: Tenant
Address: 120 Yonge Street , Kingston, K7M 1E0, Frontenac
Directions/Cross Streets: King Street W
Rooms: 25
Bedrooms: 9
Bedrooms +: 0
Washrooms: 6
Family Room: F
Basement: Crawl Space
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  2 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Second
Washroom 7:  2 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX RISE EXECUTIVES, BROKERAGE

120 Yonge Street , Kingston, K7M 1E0, Frontenac

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Multiplex
Area: Frontenac
Municipality: Kingston
Neighbourhood: 18 - Central City West
Style: 2-Storey
Lot Size: x 81.00(Feet)
Approximate Age:
Tax: $9,496.92
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949