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1028 JOHNSON STREET, Kingston (Central City West)
2026-05-22
Quick Summary
- Location
- 1028 JOHNSON STREET, Kingston (Central City West), Ontario K7M2N4
- Price
- $1,199,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2500 - 3000 sqft
- Bedrooms:
- 10
- Bathrooms:
- 5
- Garages:
- 10
MLS®#X13159956
Property Description
Well-located corner 5-plex in central Kingston offering reliable rental income with clear upside potential. Currently generating roughly $84,000 annually including laundry and parking income, with an estimated NOI around $64,000, representing a sub-5% cap rate (approximate). The property features five similar 2-bedroom units, each with a 4-piece bath, with three already updated and two offering future upside through improvements and rent growth. Situated on a corner lot with plenty of on-site parking, adding convenience for tenants and additional income potential. The building is well set up with separately metered hydro, 400 amp service, updated windows, radiant on-demand heating, owned hot water systems, and a roof replaced in 2015. Close to Queen's University and St. Lawrence College, with easy access to transit and everyday amenities, supporting consistent rental demand and long-term growth. (id:32467)
Property Features
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater - Tankless, Water Heater
- Basement Features: Apartment in basement
- Basement Type: N/A
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2500 - 3000 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 100 x 82 FT|under 1/2 acre
- Sewer: Sanitary sewer
Zoning
- Description: A2
Information entered by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information last updated on: 2026-06-04 15:58:44
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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