For Sale · Multifamily

73 QUEEN STREET, Kingston

73 QUEEN STREET, Kingston, ON K7K1A5

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

89%

About this property

Welcome to this beautiful, fully furnished loft apartment in the heart of historic downtown Kingston! Full of character and charm, this inviting space features exposed brick walls, soaring ceilings, beautiful pine plank flooring, and a well-appointed kitchen and full bathroom. Enjoy the convenience of all-inclusive living, with furniture and utilities included. Simply bring your suitcase and settle in! Located in a quiet, secure building just one block from the waterfront and half a block from vibrant Princess Street, you'll be steps from some of Kingston's best restaurants, shops, cafs, and amenities. Coin-operated laundry is available on-site. Available January 1, 2027. Serious inquiries only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

87,097

Households

35,523

Median income

$108,000

Median age

34.4

Daytime population

98,242

5-yr growth

1.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 73 QUEEN STREET, Kingston.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.