For Sale: 120 Yonge Street, Kingston, ON - REW
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$2,100,000
9 bd 6 ba 3500 - 4999 sf Multifamily

120 Yonge StreetKingston, ON, K7M 1E0

  • 9 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

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. (id:63626)
Listed by: DORIAN HARTLEY, Salesperson, RE/MAX RISE EXECUTIVES, BROKERAGE

Home facts and features

Price details
List Price
Gross Taxes for 2026
$9,497
Home facts
Bedrooms
9
Full Bathrooms
3
Partial Bathrooms
3
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
81 feet
Frontage
68.3 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Crawl space
Features
Separate Electricity Meters
Appliances
Water Heater - Tankless
Agent details
Primary Agent
DORIAN HARTLEY
Primary Broker
RE/MAX RISE EXECUTIVES, BROKERAGE
Secondary Agent
BEC RYTTERSGAARD
Secondary Broker
RE/MAX RISE EXECUTIVES, BROKERAGE
Listing details
Days on REW
47 Days
Property Views
37
MLS® Number
X13250158
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Centennial Public School
  • Public
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
St Thomas More Catholic School
  • Catholic
  • JK - 8
St Joseph School
  • Catholic
  • JK - 5
Kingston Collegiate
  • Public
  • 9 - 12
Rideau Public School
  • Public
  • JK - 8
Polson Park Public School
  • Public
  • JK - 6
Loyalist Collegiate Vocational Institute
  • Public
  • 9 - 12
Calvin Park Public School
  • Public
  • 7 - 8
Sydenham Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.