80 VIRGINIA STREET
Kingston, Ontario, K7K5Y4
For Sale | $4,750,000
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $4,750,000
- Interior size: 210,000 sqft
- Lot size: 135.05 x 295.16 FT
- Listing key: 29748589
Listing overview
Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside. (id:25314)
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