120 Yonge Street,Kingston, ON K7M 1E0
Kingston, ON K7M 1E0
Description
Prime Multi-Unit Investment Opportunity in Historic Portsmouth Village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of Portsmouth Village, ideally located at the corner of King Street West and Yonge Street. Fully renovated in 2021, it blends historic charm with modern function, just steps from Lake Ontario, Queens University, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, HRV, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of Kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal.
Details
| MLS # | X13250158 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 153 |
| Listing Provided By | RE/MAX RISE EXECUTIVES, BROKERAGE | X13250158 470700 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.13 |
Interior
| Interior Features | On Demand Water Heater, ERV/HRV, Separate Hydro Meter |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 9496.92 |
|---|---|
| Tax Legal Description | PT LT 1 N/S KING ST & S/S KENNEDY ST PL 54 KINGSTON CITY; PT LT 2 N/S KING ST & S/S KENNEDY ST PL 54 KINGSTON CITY PT 1 13R3176; KINGSTON ; THE COUNTY OF FRONTENAC |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7M 1E0 |
| Area | 18 Central City West |
| Listing VS Median (in K7M 1E0) | |
Price: $2,100,000 low | high Med: $0 On site: 153 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7M 1E0 |
| Area | 18 Central City West |
| Listing VS Median (in K7M 1E0) | |
Price: $2,100,000 low | high Med: $0 On site: 153 low | high Med: | |
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