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20 Elmwood St 57 Unit Apartment Building For Sale Kingston, ON K7M 2Y5
Investment Highlights
- 4-storey elevator serviced concrete building
- Potential to add 1 suite
- 11 current vacancies offer flexibility for renovation and lease up
- Large suite sizes with average 2 bedrooms at 800 sf and 3 bedrooms at 1,200 sf.
- Approved AGI in 2025, 2026 & 2027 providing embedded NOI growth beyond standard guideline increases
Executive Summary
4-Storey, 57 Unit Apartment Building
• Repositioning opportunity – 11 current vacancies
• 95% 2-bedroom & 3-bedroom units
• Excellent location across the street from the Kingston Centre
• Repositioning opportunity – 11 current vacancies
• 95% 2-bedroom & 3-bedroom units
• Excellent location across the street from the Kingston Centre
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 57 | Lot Size | 2.01 AC |
| Property Type | Multifamily | Building Size | 62,241 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Sale Type | Investment |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.01 AC |
| Building Size | 62,241 SF |
| No. Stories | 3 |
| Year Built | 1963 |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Contacts
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Jonathan Hittner -
Neil Musselwhite -
Eamonn McConnell -
David Lieberman -
Avison Young
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20 Elmwood St
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