Kingston - 23 - Rideau
Kingston - 23 - Rideau
Listed For $4,750,000
Get Pre-approvedAdded 24 days ago
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.
* Values are estimates only and not a guarantee of lending or affordability.