For saleMLS® X12997694

271-273 Rideau Street, Kingston, ON K7K 3A7

22 - East of Sir John A. Blvd, Kingston · Near Rideau Street & Charles Street · View map

$949,000
10+1Beds
5Baths
3000–3500Sq ft
MultiplexType
4 totalParking
FullBasement
$7,604/yrTaxes
$949,000
FreeholdNo monthly condo fee
Parking for 4Comes with the home
Lot 46.1 x 106 ftThe land comes with the home

About this home

Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.

The home

Type
Multiplex
Style
2-Storey
Square footage
3000-3500 sq ft
Bedrooms
10
Basement bedrooms
1
Bathrooms
5
Kitchens
5
Rooms
22
Basement
Full
Lot size
46.1 x 106 ft
Faces
East

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Aluminum Siding, Brick

Heating & cooling

Heating fuel
Gas
Heating type
Water
Fireplace
No

Garage & parking

Driveway spaces
4
Total parking
4
Parking features
Private

Taxes & other

Property taxes
$7,604/yr
Tax year
2025
Occupancy
Tenant
Possession
Flexible
Cross street
Rideau Street & Charles Street
Neighbourhood
22 - East of Sir John A. Blvd

More

Price per sq ft
~$292 (at 3,250 sq ft)
MLS® number
X12997694

The home and its surroundings

  • Separate Hydro Meter
Want to know something that isn’t listed?
Estimated monthly cost$4,462per month, all in
  • Mortgage
  • Property tax

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.

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    271-273 Rideau Street, Kingston, ON K7K 3A7

    22 - East of Sir John A. Blvd, Kingston · Near Rideau Street & Charles Street

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    Sold history

    Listing history for 271-273 Rideau Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 271-273 Rideau Street

    Answers come straight from this home’s MLS® listing.

    How much is 271-273 Rideau Street listed for, and what would it cost each month?

    271-273 Rideau Street is listed for $949,000. With 20% down ($189,800), the mortgage payment would be roughly $3,828 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,462 a month, all in. That figure is an illustration, not a quote.

    Is 271-273 Rideau Street freehold or a condo, and is there a monthly fee?

    271-273 Rideau Street is a multiplex in 22 - East of Sir John A. Blvd, 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 271-273 Rideau Street have?

    271-273 Rideau Street has 10 bedrooms, plus 1 more bedroom in the basement, and 5 bathrooms. The listing gives the style as 2-storey.

    Does 271-273 Rideau Street have a garage and parking?

    The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.

    Does 271-273 Rideau Street have a finished basement?

    The listing describes the basement as full. It counts 1 bedroom on that level.

    What style of home is 271-273 Rideau Street?

    271-273 Rideau 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 271-273 Rideau Street, and what is the lot size?

    The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 46.1 x 106 ft.

    How is 271-273 Rideau Street heated and cooled?

    Heating is water (gas). The listing does not show air conditioning.

    What are the property taxes for 271-273 Rideau Street?

    Property taxes are $7,604 a year (2025), or about $634 a month.

    Where is 271-273 Rideau Street?

    271-273 Rideau Street is in the 22 - East of Sir John A. Blvd community of Kingston. The nearest main intersection is Rideau Street & Charles Street. The postal code is K7K 3A7.

    Is 271-273 Rideau Street still for sale?

    Yes. It is an active listing (MLS® X12997694). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 271-273 Rideau Street asking?

    Similar properties for sale nearby right now include 686 Montreal Street at $999,900 (9 bed), 284 Division Street at $699,000 (11 bed) and 432 Barrie Street at $1,099,000 (7 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 271-273 Rideau 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 271-273 Rideau 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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