$5,300,000
Available - For Sale
Listing ID: X12575588
297 Helen Street , Kingston, K7L 4P6, Frontenac
| 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. |
| Price | $5,300,000 |
| Taxes: | $64601.41 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 297 Helen Street , Kingston, K7L 4P6, Frontenac |
| Postal Code: | K7L 4P6 |
| Province/State: | Frontenac |
| Legal Description: | LTS 24, 25, 35 & 36, PT LTS 26 & 34, PL |
| Directions/Cross Streets: | Princess St and Helen St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 29405.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX RISE EXECUTIVES, BROKERAGE |
|
|
Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Tax: | $64,601.41 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
