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274 Wellington St 1 Unit Apartment Building Offered at $460,000 CAD Kingston, ON K7K 2Z1
Investment Highlights
- Dual Residential Units – Features two self-contained units with private entrances, offering strong rental income or live-work potential.
- Prime Downtown Location – Just steps from Market Square, City Hall, and the waterfront in Kingston’s vibrant core.
- DT2 Zoning Flexibility – Permits both residential and commercial uses, ideal for investors, professionals, or mixed-use applications.
- Immediate Opportunity – Ground floor unit will be vacant as of May 30, 2025, allowing for occupancy or re-leasing on your terms.
Executive Summary
Centrally located in Kingston's historic downtown core, 274 Wellington Street presents a flexible investment opportunity with two residential tenancies in place. The property offers approximately 973.95 sq. ft. of above-grade space, configured as two self-contained residential units with a functional layout and private entrance. Unit 1 (second floor) is a studio style layout and features a full kitchen, 3-piece bath, and spacious living/bedroom area, while Unit 2 (main floor) includes one bedroom, two x 2-piece baths, living area, and mudroom. Zoned as DT2 (Downtown Commercial) this property permits both residential and commercial uses, and is suited for a variety of applications, including professional services, live-work setups, or rental income. Steps from Market Square, City Hall, and waterfront amenities, this is a strategic asset in one of Kingstons most vibrant neighborhoods. Ground floor unit will be vacant as of May 30, 2025.
Property Facts
| Price | $460,000 CAD | Lot Size | 0.03 AC |
| Price Per Unit | $460,000 CAD | Building Size | 974 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 1 | Year Built | 1865 |
| Property Type | Multifamily | ||
| Zoning | DT2 - property permits both residential and commercial uses, and is suited for a variety of applications, including professional services, live-work setups | ||
| Price | $460,000 CAD |
| Price Per Unit | $460,000 CAD |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Lot Size | 0.03 AC |
| Building Size | 974 SF |
| No. Stories | 2 |
| Year Built | 1865 |
| Zoning | DT2 - property permits both residential and commercial uses, and is suited for a variety of applications, including professional services, live-work setups |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+2 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
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274 Wellington St
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