Living (5.32 × 2.98)
Level: Main
271-273 Rideau St
East of Sir John A. Blvd, Kingston, Ontario K7K 3A7
Description
Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X12997694
- Board
- TRREB MLS®
- Days on market
- Tax
- $7,604
- Size
- 3000-3500 sqft
- Lot
- 46.1 × 106 Feet
- Parking
- None, 4 Parking
Listing History
Buy/Sell history for 271-273 Rideau St, Kingston, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $949,000 | N/A | Ext | X12997694 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- East of Sir John A. Blvd
- Municipality
- Kingston
Inside
- Bedrooms
- 10+1
- Bathrooms
- 5
- Bathroom Detail
- 2, 4pc, Main
- Bathroom Detail
- 2, 4pc, 2nd
- Bathroom Detail
- 1, 4pc, Bsmt
- Basement Type
- Full
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Water
Building
- Size
- 3000-3500 sqft
- Construction
- Alum Siding
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 46.1 × 106 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Five (5) Refrigerators, Five (5) Stoves, Two (2) Washers, Two (2) Dryers.
Rooms (12)
Kitchen (4.5 × 4.93)
Level: Main
Br (2.62 × 3.16)
Level: 2nd
Br (2.56 × 3.16)
Level: 2nd
Bathroom (2.45 × 1.65)
Level: 2nd
Br (3.57 × 4.07)
Level: 2nd
Living (5.08 × 3.88)
Level: Bsmt
Kitchen (1.67 × 3.07)
Level: Bsmt
Bathroom (1.49 × 3.07)
Level: Bsmt
Br (4.23 × 4.06)
Level: Bsmt
Kitchen (4.23 × 4.22)
Level: Main
Living (3.07 × 4.22)
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 7 on record nearby 6 checked, none on recordRead 2026-11-05
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m26 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 8.3 km
Province of Ontario open data · Municipal development applications
Around the home
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Queen's University — Queen's University - Kingston Main Campus, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 8 federal contaminated sites within 1 km5 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Kingston Hydro Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Kingston Online Services, Rogers, WTC Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kingston. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,351
- Down payment$189,800
- Mortgage amount$759,200
- Total interest$546,100
- Total cost$1,495,100
Cash flow analysis
$4,351
Total monthly payment
$4,985
Break-even down payment
100%
Cash flow-$4,985
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$949,000
$949,000
CAD
Estimated market value
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