Friday, July 10th, 2026

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$5,300,000
Available - For Sale
Listing ID: X12575588
Two 14-unit apartment buildings on one parcel in a prime downtown Kingston location. Strong in-place cash flow with below-market rents and a clear value-add trajectory. The property generates a current NOI of $216,006 annually (reflecting the in-progress unit turnover). All units have independent hydro service. The asset is also well-positioned for CMHC MLI Select financing, providing investors the opportunity to enhance leverage and maximize long-term returns .Full financials, rent roll, environmental reports, survey, floorplans, and photos are available through the secure data room.
Price $5,300,000
Taxes: $64,601.41
Tax Type: Annual
Occupancy by: Tenant
Address: 297 Helen Street , Kingston, K7L 4P6, Frontenac
Postal Code: K7L 4P6
Province/State: Frontenac
Legal Description: LTS 24, 25, 35 & 36, PT LTS 26 & 34, PL
Directions/Cross Streets: Princess St and Helen St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 29,405
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX RISE EXECUTIVES, BROKERAGE

297 Helen Street , Kingston, K7L 4P6, Frontenac

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Frontenac
Municipality: Kingston
Neighbourhood: 14 - Central City East
Style:
Lot Size: x 242.31(Feet)
Approximate Age:
Tax: $64,601.41
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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Amortization:  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com