Kingston, ON K7M 1E0,120 Yonge ST
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Kingston, ON K7M 1E0,120 Yonge ST
Kingston, ON K7M 1E0,120 Yonge ST
Kingston, ON K7M 1E0,120 Yonge ST
Kingston, ON K7M 1E0,120 Yonge ST
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$ 2,100,000
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Price Dropped by $18.9M

120 Yonge ST Kingston, ON K7M 1E0

9 Beds

6 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 18 - Central City West

MLS Listing ID X12454390

Style 2-Storey

Bedrooms 9

Annual Tax Amount $9,047

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 81.0

Lot Front 68.29

Property Description

Prime Multi-Unit Investment Opportunity in Historic Portsmouth Village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of Portsmouth Village, ideally located at the corner of King Street West and Yonge Street. Fully renovated in 2021, it blends historic charm with modern function, just steps from Lake Ontario, Queens University, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, HRV, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of Kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal.

Location

Province ON

County Frontenac

Community 18 - Central City West

Area Frontenac

Rooms

Family Room No

Basement Crawl Space

Kitchen 5

Interior

Interior Features On Demand Water Heater, ERV/HRV, Separate Hydro Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 68.29

Lot Depth 81.0

Total Parking Spaces 5

Building

Foundation Stone


Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
Raj Jani

Raj Jani

Agent

+1(647) 999-6572

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120 Yonge ST