160 King Street E
160 King Street E in Kingston - 9 bedroom, 5 bathroom. Listed at $1,688,000.
EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term.
Property Details
- Property Type: Mortgage
- Style: 3-Storey
- Square Footage: 2750 sqft
- Basement: Full
- Heating: Electric
- Cooling: Window Unit(s)
- Parking: 1 space
- Property Taxes: $9,889.48/yr
- Neighbourhood: 14 - Central City East
- Postal Code: K7L 3A2
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