$949,900
For sale: Multiplex

Welcome to 240 Wellington Street, a highly desirable property perfectly situated in the heart of downtown. Just a short stroll from Queen's University, vibrant shopping districts, top-rated restaurants, and all the conveniences of urban living. This duplex offers both charm and functionality. The main floor features a bright and spacious1-bedroom plus den unit currently rented at $1,837.80/month. The upper level is a 4-bedroom unit with ample space and character. Currently being rented for $2300.00. Both units are thoughtfully designed with modern finishes, including stainless steel appliances, in-suite laundry, and separate hydro panels for added convenience. Step outside to a west-facing, fenced backyard - perfect for relaxing or entertaining. Whether you're looking for a fantastic place to call home with the added benefit of supplemental income or seeking a smart investment in a prime location, this property checks all the boxes. Don't miss this exceptional opportunity - schedule your showing today! The main floor unit is month to month. Ideal situation for an owner occupant scenario, or a parent looking to house a child going to Queen's.
Sold data
Multiplex homes in Kingston (East of Sir John A. Blvd) took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 51, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $799,900.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (East of Sir John A. Blvd) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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