49-67 Adelaide Street Kingston (East of Sir John A. Blvd), ON K7K 1Y3
Inscription par:  CREA / Listed By: Royal Lepage Proalliance Realty, Brokerage

  49-67 Adelaide Street Kingston (East of Sir John A. Blvd), ON K7K 1Y3

En vigueur (71 Jours)
2 300 348 $ (USD)
12
SDB
8 280
PI. CA.

Description

An excellent opportunity to acquire a 10 unit townhouse complex positioned on the outskirts of Downtown Kingston, offering strong income, functional layouts & long term investment appeal. The property is comprised of 10 attached townhouse units with a mix of 2 & 3 bedroom layouts, each featuring its own private walk-out basement, with 6 units also offering decks off the living room. Six of the ten units have been renovated, creating a strong blend of updated interiors with continued upside potential across the remaining units. The property is designed for efficient ownership, with all units separately metered, tenants paying their own utilities, & each unit equipped with its own forced air gas furnace & hot water tank. Additional highlights include a massive parking lot & a 12 ft x 27 ft storage shed. Based on the current rent roll & expenses, the property offers an approximate current Cap Rate of 5.24%, with a projected Cap Rate of approximately 5.37% based on scheduled 2026 rent increases. With townhouse-style units, tenant-paid utilities, individual mechanical systems, strong parking & close proximity to Downtown Kingston & public transit, this is a compelling income-producing property with excellent operational fundamentals. (id:41440)

MLS®:
X13467366
Les impôts
$20,683
Catégorie
Multifamily
Ville
Frontenac County

Listed By

Krishan Nathan, Royal Lepage Proalliance Realty, Brokerage
Source
CREA
Dernière vérification Août 29 2026 à 8:45 PM EDT
Détails sur les salles de bains
  • Salles de bains: 12
Caractéristiques Intérieures
  • Washer
  • Dryer
Informations sur le lot
  • Irregular Lot Size
Chauffage et refroidissement
  • Forced Air
  • Natural Gas
  • None
Surface Habitable
  • 8,280 pi. ca.
Alimenté par Walk Score®
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/29/26 13:45