Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.
Address
271-273 Rideau Street
List Price
$949,000
MLS® Status
New
Expiration Date
2026-10-30
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Kingston
Sub-Area
22 - East of Sir John A. Blvd
Region
Frontenac
Bedrooms
10 + 1
Bedrooms (Total)
11
Rooms Above Grade
22
Rooms Below Grade
4
Bathrooms
5
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
106
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
46.1
Parcel Number
360010181
Occupant Type
Tenant
Cross Street
Rideau Street & Charles Street
MLS® Number
X12997694
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Basement Area
Full
Postal Code
K7K 3A7
Parking
Private
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$7,603.73
Tax Year
2025
Interior Features
Separate Hydro Meter
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Construction Materials
Aluminum Siding, Brick
Direction Faces
East
Fireplace
No
Foundation Details
Block
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
4
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT FARM LT A CON WEST GREAT CATARAQUI RIVER KINGSTON AS IN FR489956; KINGSTON ; THE COUNTY OF FRONTENAC
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 2.98 x 5.32 | |
| Main | Kitchen | 4.93 x 4.5 | |
| Second | Bedroom | 3.16 x 2.62 | |
| Second | Bedroom | 3.16 x 2.56 | |
| Second | Bathroom | 1.65 x 2.45 | |
| Second | Bedroom | 4.07 x 3.57 | |
| Basement | Living Room | 3.88 x 5.08 | |
| Basement | Kitchen | 3.07 x 1.67 | |
| Basement | Bathroom | 3.07 x 1.49 | |
| Basement | Bedroom | 4.06 x 4.23 | |
| Main | Kitchen | 4.22 x 4.23 | |
| Main | Living Room | 4.22 x 3.07 |