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Est. payment /mo
New
297 Helen ST Kingston, ON K7L 4P6
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 14 - Central City East
MLS Listing ID X12575588
Annual Tax Amount $64,601
Tax Year 2025
Property Sub-Type Investment
Property Description
Two 14-unit apartment buildings on one parcel in a prime downtown Kingston location. Strong in-place cash flow with below-market rents and a clear value-add trajectory. The property generates a current NOI of $216,006 annually (reflecting the in-progress unit turnover). All units have independent hydro service. The asset is also well-positioned for CMHC MLI Select financing, providing investors the opportunity to enhance leverage and maximize long-term returns .Full financials, rent roll, environmental reports, survey, floorplans, and photos are available through the secure data room.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Interior
Cooling No
Heat Source Gas
Exterior
Utilities Available Yes
Lot Frontage 92.03
Lot Depth 242.31
Others
ParcelsYN No
Virtual Tour https://youriguide.com/297_helen_st_kingston_on/
Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
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