80 Virginia Street
23 - Rideau Kingston K7K 5Y4

$4,750,000 /For Sale
Commercial

Main Photo: 80 Virginia Street in Kingston: 23 - Rideau Commercial for sale : MLS®# X13124720
Photo 1: 80 Virginia Street in Kingston: 23 - Rideau Commercial for sale : MLS®# X13124720
Photo 2: 80 Virginia Street in Kingston: 23 - Rideau Commercial for sale : MLS®# X13124720
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Photo 16: 80 Virginia Street in Kingston: 23 - Rideau Commercial for sale : MLS®# X13124720
Status:
Active Under Contract
Prop. Type:
Commercial
MLS® Num:
X13124720
Bus Major:
Apts - Over 20 Units
Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
210000 sq. ft. Square Feet
Total Area:
4.82 acre(s)
Lot Depth:
295'2"
Lot Frontage:
135'1"
Water supply:
Municipal
Zoning:
B1
Heating type:
Radiant
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$56,973.17 / 2025
Assessment:
$- / -
Frontenac
Kingston
23 - Rideau
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Date Listed:
May 13, 2026
Original Price:
$4,750,000
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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
Data was last updated May 18, 2026 at 06:15 AM (UTC)
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