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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,475,000
Available - For Sale
Listing ID: X13668722
Welcome to 79-81 Queen Street, a landmark limestone investment property in the heart of downtown Kingston. Built circa 1840 and rich with historic character, this stately building pairs timeless limestone construction and exposed brick interiors with an exceptional location just steps from the waterfront, Queen's University, Kingston General Hospital, shops, restaurants and cultural attractions. The property offers four residential units, each separately metered to help keep operating costs low, with appliances included in every unit, dishwashers in two and in-suite laundry in one. Current monthly rents are Unit 79-1 at $1,495 beginning September 2026, Unit 79-2 currently offered for lease at $1,795, Unit 81-1 at $1,700 month-to-month and Unit 81-2 at $1,995 beginning August 2026. An exceptional downtown asset, the property also includes 10 coveted parking spaces with the potential to generate an additional $1,000 per month. Based on current projected rents and parking income, the property offers gross annual income of $95,820 and net operating income of approximately $75,780. Its strong rental history reflects the consistent demand for distinctive downtown accommodations, while the large lot may offer future expansion possibilities, including additional units or an addition to the existing building, subject to municipal approvals. The apartments also present value-add potential through cosmetic improvements and future rent growth. With its irreplaceable limestone character, strong projected income, low operating-cost structure, substantial parking and potential for further growth, 79-81 Queen Street is a rare opportunity to acquire a distinguished piece of Kingston's heritage in one of the city's most walkable and sought-after locations.
Price $1,475,000
Taxes: $6,912
Occupancy by: Tenant
Address: 79-81 Queen Street , Kingston, K7K 1A5, Frontenac
Acreage: < .50
Directions/Cross Streets: One street north of Princess, East of Division. 79-81 Queen is just West of Wellington on the North
Rooms: 8
Rooms +: 3
Bedrooms: 2
Bedrooms +: 3
Washrooms: 4
Family Room: F
Basement: Apartment
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 11.74 9.68
Room 2: Main Living Ro 11.74 11.91
Room 3: Basement Bedroom 13.45 11.51
Room 4: Basement Bedroom 10.23 10.76
Room 5: Basement Bedroom 7.58 11.91
Room 6: Main Kitchen 11.09 11.32
Room 7: Main Living Ro 9.51 15.15
Room 8: Second Kitchen 8.92 12.17
Room 9: Second Living Ro 9.51 15.15
Room 10: Third Bedroom 14.99 14.50
Room 11: Third Bedroom 9.09 14.60
No. of Pieces Level
Washroom 1:  3 Basement
Washroom 2:  4 Basement
Washroom 3:  4 Main
Washroom 4:  4 Second
Washroom 5:  0
Washroom 6:  3 Basement
Washroom 7:  4 Basement
Washroom 8:  4 Main
Washroom 9:  4 Second
Washroom 10:  0
Washroom 11:  3 Basement
Washroom 12:  4 Basement
Washroom 13:  4 Main
Washroom 14:  4 Second
Washroom 15:  0
Washroom 16:  3 Basement
Washroom 17:  4 Basement
Washroom 18:  4 Main
Washroom 19:  4 Second
Washroom 20:  0
Property Type: Fourplex
Style: 3-Storey
Exterior: Stone
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 10
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Lane
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
Property Features: Hospital
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX FINEST REALTY INC., BROKERAGE

79-81 Queen Street , Kingston, K7K 1A5, Frontenac

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Fourplex
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style: 3-Storey
Lot Size: x 132.00(Feet)
Approximate Age: 100+
Tax: $6,912
Maintenance Fee: $0
Beds: 2+3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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