About this property

Excellent investment opportunity in the heart of Kingston, approximately a 15-minute walk from Queen's University and close to major bus routes. Located just north of Princess Street, this detached 6-bedroom duplex is a strong addition to any investment portfolio. The main unit offers 5 bedrooms across two levels, 2 full bathrooms, a spacious living room, and a large eat-in kitchen with updated flooring. A major bonus is the additional bachelor apartment, providing an extra income stream. Both units are separately metered and share access to on-site laundry. 2 parking spots are available to rent for additional income too. Generating $66,000 in gross annual income, this property offers an impressive cap rate of over 7.5%. Major updates include a roof replacement in 2023 and vinyl windows throughout. A proven income generator with strong rental demand, the property is currently leased until April 30th, 2027. The bachelor apartment is currently rented below market value, presenting excellent future upside potential.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13126954
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,500 sq ft
Beds / Baths	6 bed · 3 bath
Neighbourhood	22 - East of Sir John A. Blvd
City	Kingston
Postal Code	K7K 4H4
Province	ON
Listed Date	May 14, 2026
Days on Market	84
Price per Sq Ft	$517
Brokerage	ONE PERCENT REALTY LTD.