79-81 Queen St

Welcome to 79-81 Queen Street, a historic gem in the heart of downtown Kingston. Built in 1840, this stately limestone building combinestimeless charm with modern amenities, making it a standout investment opportunity. The property features limestone construction withexposed brick interiors that exude character and tenants love. Located in Kingston's vibrant downtown core, it has so many amenities withineasy walking distance including the waterfront, Queens University, Kingston General Hospital, and an incredible number of shops, restaurants,and cultural attractions. This turnkey investment offers four residential units, all separately metered to ensure low operating costs. Each unitincludes appliances, with two featuring dishwashers and one equipped with laundry as well. The property has a history of being fully rented withno vacancies, highlighting its strong rental demand. Additionally, 10 coveted parking spots generate an extra $1,000 per month. There is alsoroom for expansion on the large lot, offering opportunities to add to this property. With easy cosmetic renovations, the units themselves havesignifcant potential for increased revenue, adding even more value to this already attractive investment. Current rents include Unit 79-1 $1,400/month (Oct 2024 - Sep 2025), Unit 79-2 $1,800/month (May 2024 - Apr 2025), Unit 81-1 $1,691/month (month-to-month), and Unit 81-2 $1,800/month (Jul 2024 - Jun 2025). Combined with the parking income, the property currently has a gross annual income of $92,292 and a netoperating income of $67,561. With its unbeatable location, solid income stream, and historic charm, 79-81 Queen Street offers a rare opportunityto own a piece of Kingston's heritage while enjoying a lucrative, low-maintenance investment.

欢迎来到皇后街79-81号，这是金斯顿市中心的一颗历史瑰宝。这座宏伟的石灰岩建筑建于1840年，融合了永恒的魅力和现代设施，使其成为一项卓越的投资机会。该物业采用石灰岩结构，内部裸露的砖墙散发出独特的韵味，深受租户喜爱。位于金斯顿繁华的市中心核心地带，周边步行范围内设施齐全，包括滨水区、皇后大学、金斯顿综合医院以及众多商店、餐厅和文化景点。 这项即买即用的投资物业包含四个住宅单元，均独立计量，确保低运营成本。每个单元均配备家电，其中两个单元配有洗碗机，一个单元还设有洗衣设施。该物业历史上一直保持满租状态，无空置期，显示出强劲的租赁需求。此外，10个抢手的停车位每月额外带来1,000美元的收入。宽敞的地块上还有扩展空间，为物业增值提供了可能。通过简单的装修翻新，这些单元本身具有显著提升租金收入的潜力，进一步增加了这项本已极具吸引力的投资的价值。 当前租金情况如下：单元79-1为1,400美元/月（2024年10月至2025年9月），单元79-2为1,800美元/月（2024年5月至2025年4月），单元81-1为1,691美元/月（按月租赁），单元81-2为1,800美元/月（2024年7月至2025年6月）。加上停车收入，该物业目前年总收入为92,292美元，净营业收入为67,561美元。 凭借其无与伦比的地理位置、稳定的收入来源和历史魅力，皇后街79-81号提供了一个难得的机会，让您既能拥有金斯顿历史遗产的一部分，又能享受一项收益丰厚、维护成本低的投资。