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49-67 ADELAIDE STREET, Kingston (East of Sir John A. Blvd)
2026-06-21
Quick Summary
- Location
- 49-67 ADELAIDE STREET, Kingston (East of Sir John A. Blvd), Ontario K7K1Y3
- Price
- $3,199,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 8280 sqft
- Bathrooms:
- 12
MLS®#X13467366
Property Description
An excellent opportunity to acquire a 10 unit townhouse complex positioned on the outskirts of Downtown Kingston, offering strong income, functional layouts & long term investment appeal. The property is comprised of 10 attached townhouse units with a mix of 2 & 3 bedroom layouts, each featuring its own private walk-out basement, with 6 units also offering decks off the living room. Six of the ten units have been renovated, creating a strong blend of updated interiors with continued upside potential across the remaining units. The property is designed for efficient ownership, with all units separately metered, tenants paying their own utilities, & each unit equipped with its own forced air gas furnace & hot water tank. Additional highlights include a massive parking lot & a 12 ft x 27 ft storage shed. Based on the current rent roll & expenses, the property offers an approximate current Cap Rate of 5.24%, with a projected Cap Rate of approximately 5.37% based on scheduled 2026 rent increases. With townhouse-style units, tenant-paid utilities, individual mechanical systems, strong parking & close proximity to Downtown Kingston & public transit, this is a compelling income-producing property with excellent operational fundamentals. (id:32467)
Property Features
Building
- Appliances: Dryer, Washer
- Cooling Type: None
- Fireplace: No
- Interior Size: 8280 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Features
- Feature: Irregular lot size
Land
- Land Size: 132 x 165 FT
Zoning
- Description: UR5
Information entered by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Listing information last updated on: 2026-06-19 18:10:58
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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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