9 Bedrooms

5 Bathrooms

2,500 - 3,000 sqft Interior

1 Parking spaces

24.1 X 55.5 Ft Lot size

Today Listed

Virtual tour Window Air Conditioner Baseboard Heaters Finished basement

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About this home

Fully rented, extensively renovated and generating $129,600 in annual rental income, 160 King Street East offers an exceptional opportunity to own a turn-key fourplex in the heart of Kingston's historic downtown. With 9 bedrooms across four units, this property combines established income with a location that keeps tenants close to everything: Queen's University, Kingston General Hospital, City Park, the waterfront, and downtown shops, cafés and restaurants. All four units are currently leased at a combined $10,800 per month, supported by a strong rental history and consistently low vacancy. The five-bedroom unit is a standout performer, attracting steady student demand and achieving rents at $1,100 per bedroom per month. The complete renovation includes updated electrical, plumbing and mechanical systems, with all work fully permitted and inspected. Beautifully maintained interiors, separate hydro meters for each unit and two parking spaces further enhance the property's appeal. Its walkable location attracts students, hospital staff and professionals alike, providing access to several established tenant markets. An attractive addition to an investment portfolio, or a compelling option for Queen's parents planning ahead for their student's housing while securing a long-term Kingston investment. (id:28469)

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Facts & features

Property

MLS® Number: X14177822
Property Type: Multi-family
Community Name: 14 - Central City East
Features: Carpet Free
Parking Space Total: 1
View Type: Lake View

Building

Bathroom Total: 5
Bedrooms Above Ground: 7
Bedrooms Below Ground: 2
Bedrooms Total: 9
Age: 100+ Years
Amenities: Separate Electricity Meters
Appliances: Dryer, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: Full (finished)
Cooling Type: Window Air Conditioner
Exterior Finish: Brick, Stucco
Foundation Type: Poured Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 3
Size Interior: 2,500 - 3,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 55 Ft ,6 In
Size Frontage: 24 Ft ,1 In
Size Irregular: 24.1 X 55.5 Ft
Size Total Text: 24.1 X 55.5 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $7,474/mo
Ontario land transfer tax: $30,235 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Central City East market

80 Active listings

$785,000 Median asking price

115% above median This home

37 days Avg. time on market

Browse all Central City East listings →

Rooms

Second Level

Bathroom 1.81 m x 2.79 m
Laundry Room 3.45 m x 3.8 m
Other 3.7 m x 2.17 m
Kitchen 2.55 m x 2.62 m
Living Room 3.58 m x 4.36 m
Bathroom 1.59 m x 1.21 m
Kitchen 3.61 m x 4.27 m
Living Room 3.07 m x 4.27 m
Bedroom 3.11 m x 4.13 m

Basement

Living Room 4.62 m x 4.5 m
Bedroom 3.21 m x 3.62 m
Bedroom 2.77 m x 3.62 m
Bathroom 2.45 m x 2.86 m
Utility Room 1.86 m x 4.05 m

Main Level

Kitchen 2.41 m x 2.83 m
Dining Room 2.41 m x 1.52 m
Living Room 2.49 m x 4.3 m
Bedroom 3.25 m x 2.74 m
Bathroom 1.54 m x 2.69 m
Mud Room 3.28 m x 1.99 m
Other 3.82 m x 4.43 m

Other

Kitchen 1.68 m x 2.52 m
Living Room 3.49 m x 5.79 m
Bedroom 3.21 m x 3.27 m
Bedroom 3.21 m x 3.22 m
Bathroom 2.05 m x 2.2 m

Location

160 King Street E, Kingston, Ontario K7L 3A2 · Get directions

160 King Street E