1028 Johnson ST, Kingston, ON K7M 2N4
See all 35 photos
1028 Johnson ST, Kingston, ON K7M 2N4
1028 Johnson ST, Kingston, ON K7M 2N4
1028 Johnson ST, Kingston, ON K7M 2N4
1028 Johnson ST, Kingston, ON K7M 2N4
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jacqueline Tai

Jacqueline Tai

Engel & Völkers Toronto Central, Brokerage

+1(416) 219-6066
$ 1,199,000
Est. payment /mo
Save
Active Under Contract

1028 Johnson ST Kingston, ON K7M 2N4

10 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 18 - Central City West

MLS Listing ID X13159956

Style 2-Storey

Bedrooms 10

Annual Tax Amount $7,293

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Well-located corner 5-plex in central Kingston offering reliable rental income with clear upside potential. Currently generating roughly $84,000 annually including laundry and parking income, with an estimated NOI around $64,000, representing a sub-5% cap rate (approximate). The property features five similar 2-bedroom units, each with a 4-piece bath, with three already updated and two offering future upside through improvements and rent growth. Situated on a corner lot with plenty of on-site parking, adding convenience for tenants and additional income potential. The building is well set up with separately metered hydro, 400 amp service, updated windows, radiant on-demand heating, owned hot water systems, and a roof replaced in 2015. Close to Queen's University and St. Lawrence College, with easy access to transit and everyday amenities, supporting consistent rental demand and long-term growth.

Location

Province ON

County Frontenac

Area Frontenac

Zoning A2

Rooms

Basement Apartment

Kitchen 5

Interior

Interior Features On Demand Water Heater, Separate Hydro Meter, Water Heater Owned

Cooling None

Inclusions All existing appliances and ELFs, radiant heating systems, water tanks, on-demand hot water system, exterior garden shed

Exterior

Parking Features None

Pool None

Roof Type Tar and Gravel

Total Parking Spaces 10

Building

Building Age 31-50

Foundation Block

Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Jacqueline Tai

Jacqueline Tai

Broker Associate | License ID: 3221156

+1(416) 219-6066

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jacqueline Tai, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1028 Johnson ST