Kingston Apartment Buildings for Sale

Multifamily in Kingston available for sale

Kingston Apartment Building for Sale

304 Yonge St

Kingston, ON K7M 1G7

Multifamily for Sale
$1,500,000 CAD
4,950 SF

Kingston Multifamily for Sale - Greater Kingston

304 Yonge Street presents a rare multifamily investment opportunity located in one of Kingston’s most desirable neighborhoods. This well-maintained property features six residential units on a .13-acre site, offering both stability and upside potential. The property benefits from separately metered hydro for tenants, while the landlord covers gas, water, and sewer, ensuring efficient utility management. With current monthly income of approximately $7,576 and a projected market income of $9,500 per month, this asset offers notable value-add potential through rent adjustments. Positioned near St. Lawrence College and within walking distance to Queen’s University, the building captures consistent housing demand from students, faculty, and local professionals. Amenities such as Richardson Stadium, Portsmouth Olympic Harbour, and downtown Kingston are nearby, enhancing tenant appeal. Quick connection to Sir John A. Macdonald Boulevard and Highway 401 provides excellent regional access. Backed by steady population growth and limited multifamily inventory in Kingston, this property aligns perfectly with investor priorities for income stability and long-term appreciation.

Contact:

Rogers & Trainor Commercial Realty

Property Subtype:

Apartment

Date on Market:

2026-05-27

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More details for 223 Princess St, Kingston, ON - Multifamily for Sale

Crown Condos - 223 Princess St

Kingston, ON K7L 1B3

Office and Office/Retail for Sale
$458,000 - $1,495,000 CAD
916 - 2,741 SF
3 Units Available

Air Conditioning
24 Hour Access
Controlled Access
Kitchen

Kingston Multifamily for Sale - Greater Kingston

223 Princess Street in Kingston, Ontario offers a premier commercial opportunity within the prestigious Crown Condos development, located in the vibrant heart of downtown Kingston. This mixed-use property positions businesses within a dynamic community, anchored by 182 upscale residential units in a nine-story mid-rise structure. The site provides exceptional visibility along both Princess and Queen Streets, surrounded by an established retail network including Lululemon, Shoppers Drug Mart, Starbucks, and LCBO. Designed for modern convenience, the building offers controlled access, elevators, storage space, and energy-efficient features, with on-site amenities tailored for urban professionals. Future occupancy is projected for early 2025, creating an exciting opening for businesses seeking synergy in a walkable, high-traffic area boasting a walk score of 95.

Contact:

Rogers & Trainor Commercial Realty

Property Subtype:

Apartment

Date on Market:

2026-05-19

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274 Wellington St

Kingston, ON K7K 2Z1

Multifamily for Sale
$460,000 CAD
974 SF

Kingston Multifamily for Sale - Greater Kingston

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.

Contact:

Royal LePage ProAlliance Realty

Property Subtype:

Multi Family

Date on Market:

2025-06-04

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Apartment Buildings for Sale in Kingston

View All Available Listings

How many apartment buildings are available for sale in Kingston?

There are currently 5 apartment buildings available for sale in Kingston, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Kingston?

The average size of apartment buildings available for sale in Kingston is about 2,161 SF. The largest apartment buildings available to buy is 4,950 SF and the smallest is 916 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for apartment buildings in Kingston?

The average market cap rate for apartment buildings for sale is about 3.97% based on data provided in Kingston. Learn more about how cap rates are calculated.

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