Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,459,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Attention Investors! Here is a rare opportunity to acquire a rock-solid, fully tenanted 6-plex at 186 Rideau Street, making it a turnkey addition to any multi-family portfolio. This prime property features an excellent, high-demand unit mix of one, two and three bedroom layouts, all occupied by reliable, long-term tenants and offers potential for future appreciation and rental upside. Convenience is key with dedicated parking for 6 vehicles and on-site coin laundry for extra revenue streams. Select apartments boast beautiful water views. Major capital improvements have already been taken care of, including a steel roof and high-efficiency boiler heating system for worry-free ownership and optimized utility costs. Offering a balance of cash flow, long-term stability, and an unbeatable location, this exceptional investment opportunity is ready for its next owner. Schedule your private viewing today! Rent roll, expenses and list of property updates available upon request.
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Data-driven valuation for 186 Rideau Street, Kingston, ON K7K 3A3
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Properties in this area are selling at a steady pace.
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