$1,459,000
Available - For Sale
Listing ID: X13151032
186 Rideau Street , Kingston, K7K 3A3, Frontenac
| Attention Investors! Here is a rare opportunity to acquire a rock-solid, fully tenanted 6-plex at 186 Rideau Street, making it a turnkey addition to any multi-family portfolio. This prime property features an excellent, high-demand unit mix of one, two and three bedroom layouts, all occupied by reliable, long-term tenants and offers potential for future appreciation and rental upside. Convenience is key with dedicated parking for 6 vehicles and on-site coin laundry for extra revenue streams. Select apartments boast beautiful water views. Major capital improvements have already been taken care of, including a steel roof and high-efficiency boiler heating system for worry-free ownership and optimized utility costs. Offering a balance of cash flow, long-term stability, and an unbeatable location, this exceptional investment opportunity is ready for its next owner. Schedule your private viewing today! Rent roll, expenses and list of property updates available upon request. |
| Price | $1,459,000 |
| Taxes: | $9931.00 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 186 Rideau Street , Kingston, K7K 3A3, Frontenac |
| Directions/Cross Streets: | Raglan Road |
| Rooms: | 32 |
| Bedrooms: | 11 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base, Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Other |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Other |
| Park #2 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Other |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 HERITAGE GROUP LTD., BROKERAGE |
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416-901-9881
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 22 - East of Sir John A. Blvd |
| Style: | 2-Storey |
| Tax: | $9,931 |
| Beds: | 11 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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