120 Yonge Street, Kingston, ON K7M 1E0
18 - Central City West, Kingston · Near King Street W · View map
About this home
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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 9
- Bathrooms
- 6
- Kitchens
- 5
- Rooms
- 25
- Basement
- Crawl Space
- Lot size
- 68.3 x 81 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $9,497/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- King Street W
- Neighbourhood
- 18 - Central City West
More
- Price per sq ft
- ~$494 (at 4,250 sq ft)
- MLS® number
- X13250158
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The home and its surroundings
- On Demand Water Heater
- ERV/HRV
- Separate Hydro Meter
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
120 Yonge Street, Kingston, ON K7M 1E0
18 - Central City West, Kingston · Near King Street W
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Listing history for 120 Yonge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 120 Yonge Street
Answers come straight from this home’s MLS® listing.
How much is 120 Yonge Street listed for, and what would it cost each month?
120 Yonge Street is listed for $2,100,000. With 20% down ($420,000), the mortgage payment would be roughly $8,471 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,262 a month, all in. That figure is an illustration, not a quote.
Is 120 Yonge Street freehold or a condo, and is there a monthly fee?
120 Yonge Street is a multiplex in 18 - Central City West, Kingston. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 120 Yonge Street have?
120 Yonge Street has 9 bedrooms and 6 bathrooms. The listing gives the style as 2-storey.
Does 120 Yonge Street have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 120 Yonge Street have a finished basement?
The listing describes the basement as crawl space.
What style of home is 120 Yonge Street?
120 Yonge Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 120 Yonge Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 68.3 x 81 ft.
How is 120 Yonge Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 120 Yonge Street?
Property taxes are $9,497 a year (2025), or about $791 a month.
Where is 120 Yonge Street?
120 Yonge Street is in the 18 - Central City West community of Kingston. The nearest main intersection is King Street W. The postal code is K7M 1E0.
Is 120 Yonge Street still for sale?
Yes. It is an active listing (MLS® X13250158). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 120 Yonge Street asking?
Similar properties for sale nearby right now include 717 King Street W at $1,799,999 (16 bed), 493 COLLEGE Street at $1,575,000 (8+3 bed) and 442 Macdonnell Street at $2,375,000 (12 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 120 Yonge Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 120 Yonge Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 18 - Central City West, picked by style, size and price.
Triplex$1,799,999717 King Street W, Kingston16 bed · 7 bath · 18 - Central City WestCourtesy of: SUTTON GROUP-HERITAGE REALTY INC.View home →
Multiplex$1,575,000493 COLLEGE Street, Kingston8+3 bed · 4 bath · 14 - Central City EastCourtesy of: EXP REALTY, BROKERAGEView home →
Multiplex$2,375,000442 Macdonnell Street, Kingston12 bed · 12 bath · 14 - Central City EastCourtesy of: CENTURY 21 LANDUNION REALTY INC.View home →Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.