297 Helen Street Kingston, Ontario K7L 4P6
$5,300,000
Two 14-unit apartment buildings on one parcel in a prime downtown Kingston location. Strong in-place cash flow with below-market rents and a clear value-add trajectory. The property generates a current NOI of $216,006 annually (reflecting the in-progress unit turnover). All units have independent hydro service. The asset is also well-positioned for CMHC MLI Select financing, providing investors the opportunity to enhance leverage and maximize long-term returns .Full financials, rent roll, environmental reports, survey, floorplans, and photos are available through the secure data room. (id:28469)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12575588 |
| Property Type | Multi-family |
| Community Name | 14 - Central City East |
Building
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 29,405 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 242 Ft ,3 In |
| Size Frontage | 92 Ft |
| Size Irregular | 92.03 X 242.31 Ft |
| Size Total Text | 92.03 X 242.31 Ft |
| Zoning Description | Urm6 |
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November 26 2025 12:51:25
Kingston & Area Real Estate Association
RE/MAX Rise Executives, Brokerage