193 York Street

East of Sir John A. Blvd, Kingston · MLS® X13711138

545

House · Multi-family · 60 days on market

listed by LISA MOCHAN, RE/MAX RISE EXECUTIVES, BROKERAGE

realtor's description

Exceptional investment opportunity in a highly desirable downtown location, just minutes from Queen's University, major hospitals, and within easy walking distance of downtown amenities, restaurants, shops, and services. This well-positioned fourplex offers a proven rental history and has never experienced a vacancy, making it an excellent choice for investors seeking strong and consistent rental demand. The property is configured with two 2-bedroom units, one 1-bedroom unit, and one bachelor unit, and is currently fully rented. With its central location and strong demand from students, hospital staff, professionals, and downtown residents, this property offers excellent tenant appeal and reliable income potential. There are no issues with renting the units, providing an investor with a turnkey opportunity in a highly sought-after area. Nice sized parking lot as well which is appealing to renters.

property details

type: House, Multi-family
bedrooms: 5
bathrooms: 4
parking: 5
property tax: $5,720 / yr
days on market: 60
MLS®: X13711138

features

All
Water Heater

monthly cost

$3,505/mo

Mortgage $3,028 · Tax $477

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,028/ monthly

loan $556,000

25-year amortization

down payment20% · $139,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $352,415
cash to close: $139,000; down payment; transfer tax and fees not included
total paid: $908,415

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.