271-273 RIDEAU STREET, Kingston (East of Sir John A. Blvd)

$949,000

For sale: Multiplex

Multiplex at 271-273 RIDEAU STREET, Kingston (East of Sir John A. Blvd)
Property type
Multiplex
Bedrooms / bathrooms
11 bedrooms, 5 bathrooms
Living area
3,500 sqft
MLS®
MLS® X12997694
Neighbourhood
22 - East of Sir John A. Blvd

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) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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

Median days to sell
27
Median sale price
$799,900
Sale-to-list ratio
96.7%
Sold above asking
4%

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

Schools in Kingston (East of Sir John A. Blvd)

Kingston (East of Sir John A. Blvd) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (East of Sir John A. Blvd)

  • R Gordon Sinclairelementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulinelementary, KingstonFraser rating 7.8/10
  • Rideauelementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivanelementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybonelementary, KingstonFraser rating 7.7/10
  • Winston Churchillelementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 271-273 RIDEAU STREET