186 Rideau ST, Kingston, ON K7K 3A3
186 Rideau ST, Kingston, ON K7K 3A3
186 Rideau ST, Kingston, ON K7K 3A3
186 Rideau ST, Kingston, ON K7K 3A3
186 Rideau ST, Kingston, ON K7K 3A3
186 Rideau ST, Kingston, ON K7K 3A3
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$ 1,459,000
Est. payment | /mo

11 Beds

6 Baths


$ 1,459,000
Est. payment | /mo

11 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X13151032

Style 2-Storey

Bedrooms 11

Annual Tax Amount $9,931

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Frontenac

Area Frontenac

Rooms

Family Room No

Basement Partial Basement, Unfinished

Kitchen 6

Interior

Interior Features Carpet Free

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Porch

Parking Features Other

Garage Spaces 6.0

Pool None

View City, Downtown, Lake

Roof Type Asphalt Rolled,Metal

Lot Frontage 52.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Foundation Stone

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/186_rideau_st_kingston_on/

Listed by CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Kseniya Pichardo Martinez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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186 Rideau ST