79-81 Queen Street, Kingston, ON K7K 1A5
22 - East of Sir John A. Blvd, Kingston · Near One street north of Princess, East of Division. 79-81 Queen is just West of Wellington on the North side of Queen St. · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 2785 sq ft
- Lot size
- 34 x 132 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Partial
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $6,912/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- One street north of Princess, East of Division. 79-81 Queen is just West of Wellington on the North side of Queen St.
- Neighbourhood
- 22 - East of Sir John A. Blvd
More
- MLS® number
- X13668718
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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.
79-81 Queen Street, Kingston, ON K7K 1A5
22 - East of Sir John A. Blvd, Kingston · Near One street north of Princess, East of Division. 79-81 Queen is just West of Wellington on the North side of Queen St.
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Listing history for 79-81 Queen 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 79-81 Queen Street
Answers come straight from this home’s MLS® listing.
How much is 79-81 Queen Street listed for, and what would it cost each month?
79-81 Queen Street is listed for $1,475,000. With 20% down ($295,000), the mortgage payment would be roughly $5,950 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,526 a month, all in. That figure is an illustration, not a quote.
Is 79-81 Queen Street freehold or a condo, and is there a monthly fee?
79-81 Queen 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 79-81 Queen Street have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
What style of home is 79-81 Queen Street?
79-81 Queen Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 79-81 Queen Street, and what is the lot size?
The lot is listed as 34 x 132 ft.
How is 79-81 Queen Street heated and cooled?
Heating is baseboard. Cooling is partial.
What are the property taxes for 79-81 Queen Street?
Property taxes are $6,912 a year (2026), or about $576 a month.
Where is 79-81 Queen Street?
79-81 Queen Street is in the 22 - East of Sir John A. Blvd community of Kingston. The nearest main intersection is One street north of Princess, East of Division. 79-81 Queen is just West of Wellington on the North side of Queen St.. The postal code is K7K 1A5.
Is 79-81 Queen Street still for sale?
Yes. It is an active listing (MLS® X13668718). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 79-81 Queen Street asking?
Similar properties for sale nearby right now include 79-81 Queen Street at $1,475,000 (2+3 bed), 830 John Counter Boulevard at $1,350,000 and 140 Hickson Avenue at $1,299,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 79-81 Queen 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 79-81 Queen 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.
Fourplex$1,475,00079-81 Queen Street, Kingston2+3 bed · 4 bath · 22 - East of Sir John A. BlvdCourtesy of: RE/MAX FINEST REALTY INC., BROKERAGEView home →
Industrial$1,350,000830 John Counter Boulevard, Kingston22 - East of Sir John A. BlvdCourtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGEView home →
Industrial$1,299,000140 Hickson Avenue, Kingston22 - East of Sir John A. BlvdCourtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGEView home →Courtesy of: RE/MAX FINEST REALTY INC., 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.