$949,000
Est. payment $4,202/moCalculate yours
271-273 Rideau Street, Kingston, ON K7K 3A7
22 - East of Sir John A. Blvd, Kingston, ON K7K 3A7
- 10 + 1 Beds
- 5 Baths
- 3,000 Sq Ft
Listing courtesy of RE/MAX FINEST REALTY INC., BROKERAGE MLS® X12997694
About this home
Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen’s University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston’s most sought-after rental locations.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 10 + 1
- Bathrooms
- 5
- Kitchens
- 5
- Basement
- Full
Building & Systems
- Heating
- Water (Gas)
- Cooling
- None
- Exterior
- Aluminum Siding, Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 46.1 x 106 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $7,604 (2025)
Location
- Neighbourhood
- 22 - East of Sir John A. Blvd
- Cross Street
- Rideau Street & Charles Street
- Direction Faces
- East
Listing
- MLS® Number
- X12997694
- Days on Market
- 187
- Listed On
- 2026-04-14
- Listed By
- RE/MAX FINEST REALTY INC., BROKERAGE
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
- Included
- Five (5) Refrigerators, Five (5) Stoves, Two (2) Washers, Two (2) Dryers.
- Excluded
- All Tenants Belongings
- Rental items
- Two (2) Hot Water Tanks
Mortgage calculator
Estimated mortgage payment
$4,202 per month
- Principal and interest
- $4,202
- Property tax
- $634
- Condo fees
- $0
- Estimated monthly cost
- $4,836
Your mortgage
- Mortgage amount
- $759,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $501,390
Cash to close
- Down payment
- $189,800
- Land transfer tax
- $15,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $205,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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