49-67 Adelaide Street

ActiveKingston · 22 - East of Sir John A. BlvdListed todayMLS® X13813188

$3,149,900

$380 / sq ft

Bedrooms0

Bathrooms12

Interior8,280 sq ft

TypeCommercial

ListingFor Sale

Days on Market0

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13813188
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	8,280 sq ft
Beds / Baths	0 bed · 12 bath
Neighbourhood	22 - East of Sir John A. Blvd
City	Kingston
Postal Code	K7K 1Y3
Province	ON
Listed Date	September 22, 2026
Days on Market	0
Price per Sq Ft	$380
Brokerage	ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE