120 YONGE STREET, Kingston (Central City West)

2025-11-25
 

Quick Summary

Location
120 YONGE STREET, Kingston (Central City West), Ontario K7M1E0
Price
$2,100,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3500 - 5000 sqft
Bedrooms:
9
Bathrooms:
6

MLS®#X12576072

Property Description

Prime Multi-Unit Investment Opportunity in Historic Portsmouth Village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of Portsmouth Village, ideally located at the corner of King Street West and Yonge Street. Fully renovated in 2021, it blends historic charm with modern function, just steps from Lake Ontario, Queens University, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, HRV, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of Kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal. (id:32467)

Property Features

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater - Tankless
  • Basement Type: Crawl space
  • Cooling Type: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 3500 - 5000 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 68.3 x 81 FT
  • Sewer: Sanitary sewer

Information entered by RE/MAX RISE EXECUTIVES, BROKERAGE
Listing information last updated on: 2025-11-25 20:22:09


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$500,000

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