$1,099,900
↓ $90,000 from $1,189,900
Est. payment $4,870/moCalculate yours
1028 Johnson Street, Kingston, ON K7M 2N4
18 - Central City West, Kingston, ON K7M 2N4
- 10 Beds
- 5 Baths
- 2,500 Sq Ft
Listing courtesy of AXON REAL ESTATE BROKERAGE INC. MLS® X13656320
About this home
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 36%+ 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).
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 31-50
- Size
- 2,500 sqft
Interior
- Bedrooms
- 10
- Bathrooms
- 5
- Kitchens
- 5
- Basement
- Apartment
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Tar and Gravel
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 100 x 82 Feet
- Parking
- None garage · 10 total
- Zoning
- A2
Financial
- Property Taxes
- $7,546 (2026)
Location
- Neighbourhood
- 18 - Central City West
- Cross Street
- Johnson St & Mowat Ave
- Direction Faces
- North
Listing
- MLS® Number
- X13656320
- Days on Market
- 69
- Listed On
- 2026-08-10
- Listed By
- AXON REAL ESTATE BROKERAGE INC.
Features
Interior
- On Demand Water Heater
- Separate Hydro Meter
- Water Heater Owned
Pool
- None
Mortgage calculator
Estimated mortgage payment
$4,870 per month
- Principal and interest
- $4,870
- Property tax
- $629
- Condo fees
- $0
- Estimated monthly cost
- $5,499
Your mortgage
- Mortgage amount
- $879,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $581,116
Cash to close
- Down payment
- $219,980
- Land transfer tax
- $18,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $238,453
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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