160 King ST E, Kingston, ON K7L 3A2
160 King ST E, Kingston, ON K7L 3A2
160 King ST E, Kingston, ON K7L 3A2
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$1,688,000
Est. payment /mo
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7 Beds
5 Baths
New

160 King ST E Kingston, ON K7L 3A2

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 14 - Central City East

MLS Listing ID X14177822

Style 3-Storey

Bedrooms 7

Annual Tax Amount $9,889

Tax Year 2026

Property Sub-Type Fourplex

Property Description

Fully rented, extensively renovated and generating $129,600 in annual rental income, 160 King Street East offers an exceptional opportunity to own a turn-key fourplex in the heart of Kingston's historic downtown. With 9 bedrooms across four units, this property combines established income with a location that keeps tenants close to everything: Queen's University, Kingston General Hospital, City Park, the waterfront, and downtown shops, cafés and restaurants. All four units are currently leased at a combined $10,800 per month, supported by a strong rental history and consistently low vacancy. The five-bedroom unit is a standout performer, attracting steady student demand and achieving rents at $1,100 per bedroom per month. The complete renovation includes updated electrical, plumbing and mechanical systems, with all work fully permitted and inspected. Beautifully maintained interiors, separate hydro meters for each unit and two parking spaces further enhance the property's appeal. Its walkable location attracts students, hospital staff and professionals alike, providing access to several established tenant markets. An attractive addition to an investment portfolio, or a compelling option for Queen's parents planning ahead for their student's housing while securing a long-term Kingston investment.

Location

Province ON

County Frontenac

Area Frontenac

Rooms

Family Room No

Basement Full, Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Available, Other

Pool None

View Downtown, Lake, Marina

Roof Type Asphalt Shingle

Lot Frontage 24.11

Lot Depth 55.52

Total Parking Spaces 1

Building

Building Age 100+

Foundation Poured Concrete

Others

ParcelsYN No

Virtual Tour https://youriguide.com/160_king_st_e_kingston_on/

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader License ID: 9517861

+1(416) 875-4880

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160 King ST E

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