49-67 Adelaide Street, Kingston, ON K7K 1Y3
22 - East of Sir John A. Blvd, Kingston · Near Division Street & Adelaide Street · View map
About this home
An excellent opportunity to acquire a 10 unit townhouse complex positioned on the outskirts of Downtown Kingston, offering strong income, functional layouts & long term investment appeal. The property is comprised of 10 attached townhouse units with a mix of 2 & 3 bedroom layouts, each featuring its own private walk-out basement, with 6 units also offering decks off the living room. Six of the ten units have been renovated, creating a strong blend of updated interiors with continued upside potential across the remaining units. The property is designed for efficient ownership, with all units separately metered, tenants paying their own utilities, & each unit equipped with its own forced air gas furnace & hot water tank. Additional highlights include a massive parking lot & a 12 ft x 27 ft storage shed. Based on the current rent roll & expenses, the property offers an approximate current Cap Rate of 5.24%, with a projected Cap Rate of approximately 5.37% based on scheduled 2026 rent increases. With townhouse-style units, tenant-paid utilities, individual mechanical systems, strong parking & close proximity to Downtown Kingston & public transit, this is a compelling income-producing property with excellent operational fundamentals.
The home
- Type
- Investment
- Square footage
- 8280 sq ft
- Bathrooms
- 12
- Lot size
- 132 x 165 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $20,683/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- FLEXIBLE
- Cross street
- Division Street & Adelaide Street
- Neighbourhood
- 22 - East of Sir John A. Blvd
More
- MLS® number
- X13813188
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No features listed yet.
- 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.
49-67 Adelaide Street, Kingston, ON K7K 1Y3
22 - East of Sir John A. Blvd, Kingston · Near Division Street & Adelaide Street
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Listing history for 49-67 Adelaide 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 49-67 Adelaide Street
Answers come straight from this home’s MLS® listing.
How much is 49-67 Adelaide Street listed for, and what would it cost each month?
49-67 Adelaide Street is listed for $3,149,900. With 20% down ($629,980), the mortgage payment would be roughly $12,706 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $14,429 a month, all in. That figure is an illustration, not a quote.
Is 49-67 Adelaide Street freehold or a condo, and is there a monthly fee?
49-67 Adelaide Street is a investment 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.
Does 49-67 Adelaide Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 49-67 Adelaide Street?
49-67 Adelaide Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 49-67 Adelaide Street, and what is the lot size?
The lot is listed as 132 x 165 ft.
How is 49-67 Adelaide Street heated and cooled?
Heating is gas forced air closed. The listing does not show air conditioning.
What are the property taxes for 49-67 Adelaide Street?
Property taxes are $20,683 a year (2026), or about $1,724 a month.
Where is 49-67 Adelaide Street?
49-67 Adelaide Street is in the 22 - East of Sir John A. Blvd community of Kingston. The nearest main intersection is Division Street & Adelaide Street. The postal code is K7K 1Y3.
Is 49-67 Adelaide Street still for sale?
Yes. It is an active listing (MLS® X13813188). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 49-67 Adelaide Street asking?
Similar properties for sale nearby right now include 48 Stephen Street at $2,375,000, 647 Princess Street at $3,950,000 and 490-502 Princess Street at $3,400,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 49-67 Adelaide 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 49-67 Adelaide 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 22 - East of Sir John A. Blvd, picked by style, size and price.
Investment$2,375,00048 Stephen Street, Kingston22 - East of Sir John A. BlvdCourtesy of: RE/MAX RISE EXECUTIVES, BROKERAGEView home →
Investment$3,950,000647 Princess Street, Kingston22 - East of Sir John A. BlvdCourtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGEView home →
Commercial retail$3,400,000490-502 Princess Street, KingstonCentral City EastCourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICESView home →Courtesy of: ROYAL LEPAGE PROALLIANCE REALTY, 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.