1028 Johnson Street, Kingston
1028 Johnson Street in Kingston - 10 bedroom, 5 bathroom. Listed at $1,189,900.
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 33%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2750 sqft
- Basement: Apartment
- Heating: Gas
- Cooling: None
- Parking: 10 spaces
- Property Taxes: $7,545.55/yr
- Neighbourhood: 18 - Central City West
- Postal Code: K7M 2N4
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