ON > Kingston > 14 - Central City East
Kingston, ON K7L 4P6,297 Helen ST
Kingston, ON K7L 4P6,297 Helen ST
Kingston, ON K7L 4P6,297 Helen ST
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$5,300,000
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297 Helen ST Kingston, ON K7L 4P6

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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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

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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297 Helen ST

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