$ 2,100,000

120 Yonge Street, Kingston

Prime Multi-Unit Investment Opportunity in Historic Portsmouth Village! This legal non-conforming five-unit residential building offers a turnkey opportunity in the heart of Portsmouth Village, ideally located at the corner of King Street West and Yonge Street. Fully renovated in 2021, it blends historic charm with modern function, just steps from Lake Ontario, Queens University, and west-end amenities. The property includes four spacious two-bedroom units and one bright one-bedroom unit, all thoughtfully upgraded with new insulation, siding, roof, windows, and exterior doors. Interiors feature modern fire and sound separations, updated mechanicals, plumbing, and electrical throughout. Each apartment is fully self-contained with its own natural gas furnace, central air, HRV, on-demand hot water tank, electrical panel, water meter, and in-suite laundry. Tenants pay all their own utilities, ensuring efficient, low-maintenance ownership. Units are finished to a high standard with stainless steel appliances, white shaker cabinetry, quartz countertops, tiled bath surrounds with full tubs, and ceramic flooring. Large windows create bright and inviting living spaces. Common indoor and outdoor lighting is on timers and powered by a dedicated electrical panel and sixth hydro meter, making this the only utility expense for the landlord. With desirable layouts, quality finishes, and an excellent location in one of Kingston' s most historic neighbourhoods, this fully renovated property presents a rare and stable multi-unit investment with strong rental appeal. (id:1945)
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Property details for 120 Yonge Street, Kingston

Type
Multi-family
Bedrooms
9
Bathrooms
6
Lot Size
68.3 x 81 FT
Stories
2
Basement
Crawl space
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Vinyl siding
Annual Taxes
$9,497

Nearby Listings Stat

Estimated price and comparable properties near 120 Yonge Street

Active Listings
1
Min Price
$2,100,000
Max Price
$2,100,000
Avg Price
$2,100,000
Days on Market
119
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
June 5, 2026
by RE/MAX RISE EXECUTIVES, BROKERAGE
Current Price
$2,100,000
Type
Multi-family
For Sale
120 Yonge Street

Contact Agent Get in touch about 120 Yonge Street, Kingston

DORIAN HARTLEY
DORIAN HARTLEY
RE/MAX RISE EXECUTIVES, BROKERAGE