Skip to main content
For Sale
Just Listed

271-273 Rideau Street

22 - East of Sir John A. Blvd, Kingston, ON
$949,000
10+1Bd
5Ba
3,250+sqft
4Parking
46.1 x 106 ftlot
$292/sqft
MultiplexMLS# X12997694Listed 2026-04-141 DOM

Just listed! New listings in Kingston often receive offers within the first week.

About this home

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.

Rooms

Main Floor
Living Room2.98 × 5.32 m
Kitchen4.93 × 4.50 m
Kitchen4.22 × 4.23 m
Living Room4.22 × 3.07 m
Second Floor
Bedroom3.16 × 2.62 m
Bedroom3.16 × 2.56 m
Bathroom1.65 × 2.45 m
Bedroom4.07 × 3.57 m
Basement
Living Room3.88 × 5.08 m
Kitchen3.07 × 1.67 m
Bathroom3.07 × 1.49 m
Bedroom4.06 × 4.23 m

Features

  • Separate Hydro Meter
  • Full
  • None
  • 2-Storey

Financials

Annual Taxes
$7,603.73

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield5.7% – 8.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Kingston

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Kingston. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$949,000
271-273 Rideau Street, Kingston
ShowingCall