$949,000
For sale: Multiplex

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.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.
Currently for sale

$999,900
Multiplex686 MONTREAL STREET, 22 - East of Sir John A. Blvd, Kingston

$719,900
Multiplex10 - 12 MURNEY STREET, Belleville Ward, Belleville

$950,000
Multiplex217 WILLIAM STREET, 14 - Central City East, Kingston

$599,000
Multiplex16 DALY STREET, 23 - Rideau, Kingston

$775,000
Multiplex138 CHATHAM STREET, 22 - East of Sir John A. Blvd, Kingston

$885,000
Multiplex42 YORK STREET, Picton Ward, Prince Edward County

$859,900
Detached4415 BATH ROAD, 54 - Amherstview, Loyalist

$877,500
Detached710 MAPLE ROAD, 64 - Lennox and Addington - South, Loyalist