80 VIRGINIA STREET, Kingston (rideau), ON K7K5Y4
80 VIRGINIA STREET, Kingston (rideau), ON K7K5Y4
80 VIRGINIA STREET, Kingston (rideau), ON K7K5Y4
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$4,750,000
Est. payment /mo
210,000 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 210000

Square Footage 210,000 sqft

Price per Sqft $22

Subdivision 23 - Rideau

MLS® Listing ID X13124720

Property Description

Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No


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Dan Jutai

Dan Jutai

+1(613) 818-6227

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