$ 1,089,000 4 res. unit + Com. space
Mixed-use building
7 Bedrooms
4+2 Bathrooms
3,000 sq.ft.
Rental Income: $1,297.27/mo
Rental Income $1,094.71/mo
Rental Income: $1,640/mo Vacant from Nov 1st
Rental Income: $1,062.57/mo
Potential Rental Income: $3,000.00/mo or owner occupied
PRIME DOWNTOWN INVESTMENT – immediate income & future potential.
Located steps from Hotel Dieu Hospital and multiple municipal parking lots, this mixed-use property combines stable residential income with a versatile commercial opportunity.
The ground floor and lower level offer approximately 1,875 sq. ft. of commercial space, featuring a bright front reception, three private offices, a large meeting room, two washrooms, and a kitchenette with interior access between levels. Expansive front windows flood both floors with natural light, creating an inviting workspace suitable for a range of professional uses. Currently vacant, the space provides an excellent owner-occupier or leasing opportunity.
The upper two floors feature four residential units—three 2-bedroom apartments and one 1-bedroom apartment—all fully leased, generating $61,074.60 annually. With the projected commercial income of $35,940, the property offers a strong blended return in a high-demand downtown location.
Well-maintained and ideally positioned near hospitals, downtown amenities, and transit, this property appeals to investors, professionals, and owner-users alike, offering both stable cash flow and long-term upside.
REALTOR®
With over two decades in the real estate industry, I've dedicated my career to understanding and navigating the Kingston market. My name is Jordan McGregor, and I pride myself on my extensive knowledge in property investments. Throughout my time in Kingston, I've not only witnessed its incredible growth but have actively played a role in its real estate evolution. My commitment is to provide unparalleled expertise and insights, whether you're just starting out or are a seasoned investor. In Kingston's ever-changing property landscape, I'm here to guide you every step of the way.
REALTOR®
Hi, I'm Kateryna, your real estate guide. Originally from Ukraine, I've been in Kingston for over five years, combining my international background with a deep understanding of the local market.
With a Master's degree in economics and experience as a financial manager in property management, I offer personalized service tailored to your unique real estate needs. Whether you're seeking your dream home or an investment opportunity, I'm here to make it a smooth and successful journey. I'm not just a real estate agent, but a partner dedicated to turning your real estate dreams into reality.