Business For Sale · Office

205 - 275 ONTARIO STREET, Kingston (East of Sir John A. Blvd)

205 - 275 ONTARIO STREET, Kingston (East of Sir John A. Blvd), ON K7K2X5

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

93%

About this property

This is an ideal opportunity to locate your professional office in a prime downtown Kingston location. The suite is demised into five spacious offices - two of which offer views over the Inner Harbour - a boardroom, open reception area, admin workspace, and a storage room. The building is serviced by an elevator and features a strong professional tenant mix. Limited on-site parking is available for an additional monthly fee, subject to availability. Located just two blocks from City Hall, and within walking distance to waterfront parks, restaurants, and amenities in Kingston's historic downtown core. The rental rate is all-inclusive, indexed to the base year of 2026. Looking for a professional space in the heart of the city? Let's Talk Commercial Real Estate! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

96,849

Households

36,007

Median income

$130,500

Median age

36.5

Daytime population

134,921

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 205 - 275 ONTARIO STREET, Kingston (East of Sir John A. Blvd).

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.