Kitchen (2.83 × 2.41)
Level: Main
Central City East, Kingston, Ontario K7L 3A2
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.
Listing activity for 160 King St, Kingston, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,688,000 | N/A | For Sale | X14177822 |
Level: Main
Level: Main
Level: Main
Level: Main
4 Pc Bath
Level: Main
Level: Main
Level: Main
Level: 2nd
Level: 2nd
Level: 2nd
4 Pc Bath
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
2 Pc Bath
Level: 2nd
Level not provided
Level not provided
Level not provided
Level not provided
Level not provided
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data · Municipal development applications
Provincial and municipal trail maps
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kingston. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$7,738
Total monthly payment
$8,562
Break-even down payment
100%
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$1,688,000
$1,688,000
CAD
Estimate unavailable
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