Gurvinder Nokwal REALTOR®
For Sale Multiplex 187 days on market

$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
Map

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

Room Level Dimensions
Kitchen Basement 10′ 1″ × 5′ 6″
Living Room Main 13′ 10″ × 10′ 1″
Bathroom Basement 10′ 1″ × 4′ 11″
Bedroom Second 10′ 4″ × 8′ 7″
Bathroom Second 5′ 5″ × 8′ 0″
Kitchen Main 16′ 2″ × 14′ 9″
Kitchen Main 13′ 10″ × 13′ 11″
Living Room Basement 12′ 9″ × 16′ 8″
Bedroom Second 13′ 4″ × 11′ 9″
Bedroom Second 10′ 4″ × 8′ 5″
Bedroom Basement 13′ 4″ × 13′ 11″
Living Room Main 9′ 9″ × 17′ 5″

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

Minimum for this price: $69,900 (7.37%)

Amortization, years

Estimated mortgage payment

$4,202 per month

Principal and interest
$4,202
Property tax
$634
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
Total, before legal fees
$205,255
Talk to me about financing

Estimates 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

271-273 Rideau Street, Kingston, ON K7K 3A7 22 - East of Sir John A. Blvd, Kingston, ON K7K 3A7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$949,000 271-273 Rideau Street, Kingston, ON K7K 3A7
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