For saleMLS® X13668722

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

$1,475,000
2+3Beds
4Baths
3000–3500Sq ft
FourplexType
10 totalParking
Apartment, Full, Walk-Up, FinishedBasement
$6,912/yrTaxes
$1,475,000
FreeholdNo monthly condo fee
Parking for 10Comes with the home
Finished basementExtra living space
Lot 34 x 132 ftThe land comes with the home
City viewFrom the listing

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
Fourplex
Style
3-Storey
Square footage
3000-3500 sq ft
Bedrooms
2
Basement bedrooms
3
Bathrooms
4
Kitchens
4
Rooms
8
Basement
Apartment, Full, Walk-Up, Finished
Lot size
34 x 132 ft
Faces
North
View
City, Downtown
Approximate age
100+ years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Stone

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Air conditioning
Window Unit(s)
Fireplace
No

Garage & parking

Driveway spaces
10
Total parking
10
Parking features
Available, Lane, Private, Reserved/Assigned

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

Price per sq ft
~$454 (at 3,250 sq ft)
MLS® number
X13668722

The home and its surroundings

  • Carpet Free
  • Separate Hydro Meter
  • Water Heater Owned
  • Hospital
  • Library
  • Marina
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • Porch
Want to know something that isn’t listed?
Estimated monthly cost$6,526per 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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    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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    Sold history

    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.

    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 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 fourplex 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 79-81 Queen Street have?

    79-81 Queen Street has 2 bedrooms, plus 3 more bedrooms in the basement, and 4 bathrooms. The listing gives the style as 3-storey.

    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.

    Does 79-81 Queen Street have a finished basement?

    The listing describes the basement as apartment, full, walk-up, finished. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 79-81 Queen Street?

    79-81 Queen Street is a fourplex. 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 79-81 Queen 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 34 x 132 ft.

    How is 79-81 Queen Street heated and cooled?

    Heating is baseboard (electric). Cooling is window unit(s).

    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® X13668722). 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, 80 Thomas Street at $1,099,000 (5 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 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.

    *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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