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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X12997694For SaleMultiplex

271-273 Rideau St

East of Sir John A. Blvd, Kingston, Ontario K7K 3A7

Map
1 / 29
271-273 Rideau St, Kingston, photo 1
Asking$949,000
Bedrooms
10+1
Bathrooms
5
Size
3,000–3,500sq ft
Per sq ft
$292at the range’s middle
Lot
46.1 x 106 ft
Tax a year
$7,6042025 tax year
Parking
4none
Days on market
Members

The brief

About 271-273 Rideau St

271-273 Rideau St is a 10+1-bedroom, 5-bathroom multiplex in East of Sir John A. Blvd, Kingston, listed for sale at an asking price of $949,000 (MLS® X12997694).

Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,604 / 2025
MLS® number
X12997694
Board
TRREB MLS®
Property Type
Multiplex
Days on market
Size
3000-3500 sqft
Lot Size
46.1 x 106 ft
Listed on
Parking
None, 4 Parking
Listing brokerage: RE/MAX FINEST REALTY INC., BROKERAGEData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Multiplex
Style
2-Storey
Community
East of Sir John A. Blvd
Municipality
Kingston

Building

Size
3000-3500 sqft
Construction
Alum Siding

Inside

Bedrooms
10+1
Bathrooms
5
Bathroom Details
2 × 4pc Main, 2 × 4pc 2nd, 1 × 4pc Bsmt
Basement Type
Full
Kitchens
4

Parking

Driveway
Private
Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
None
Heating Type
Water

Land

Sewer
Sewers
Frontage
46.1 ft
Depth
106 ft
Lot Size
46.1 x 106 ft

Additional

Foundation
Block
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Five (5) Refrigerators, Five (5) Stoves, Two (2) Washers, Two (2) Dryers.

Rooms

RoomSizeFeaturesLevel
Living5.32 × 2.98 m—Main
Kitchen4.5 × 4.93 m—Main
Br2.62 × 3.16 m—2nd
Br2.56 × 3.16 m—2nd
Bathroom2.45 × 1.65 m—2nd
Br3.57 × 4.07 m—2nd
Living5.08 × 3.88 m—Bsmt
Kitchen1.67 × 3.07 m—Bsmt
Bathroom1.49 × 3.07 m—Bsmt
Br4.23 × 4.06 m—Bsmt
Kitchen4.23 × 4.22 m—Main
Living3.07 × 4.22 m—Main

Listing history

Buy/sell history for 271-273 Rideau St, Kingston, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$949,000N/AExtX12997694

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $189,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$189,800
Total mortgage amount
$759,200
Total interest payment
$539,800
Total purchase cost
$1,488,800
Mortgage payment
$4,330/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$4,964
−$4,964per month
  • Rent $0
  • Shortfall $4,964

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$15,455
Total land transfer tax
$15,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$11,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $949,000
$10,980
Ontario total
$15,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Street frontage
46.1 ft14.1 m
Depth
106 ft32.3 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 7 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas7 open development applications within 250 mNearest airport: 8.3 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada8 federal contaminated sites within 1 kmElectricity is distributed here by Kingston Hydro CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m26 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 8.3 km8.3 km

Province of Ontario open data · Municipal development applications

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Queen's University — Queen's University - Kingston Main Campus, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 8 federal contaminated sites within 1 km5 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Kingston Hydro CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Kingston Online Services, Rogers, WTC Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Cataraqui Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kingston. Contains information licensed under the Open Government Licence – Ontario.

The market

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Katarokwi Elementary Learning Centre Elementary Public SchoolLimestone DSBPublic · grades JK–8700 m—
Central Public SchoolLimestone DSBPublic · grades JK–8800 m86%Grade 6 average
Cathedrale Catholic SchoolAlgonquin and Lakeshore CDSBCatholic · grades JK–8 · French Immersion1.2 km79%Grade 6 average
École élémentaire catholique Mgr-Rémi-GaulinConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–63.2 km77%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Regiopolis/Notre-Dame Catholic High SchoolAlgonquin and Lakeshore CDSBCatholic · grades 9–12 · French Immersion900 m61%Grade 9 math
Kingston Secondary SchoolLimestone DSBPublic · grades 9–12 · French Immersion2.1 km60%Grade 9 math
La Salle Secondary SchoolLimestone DSBPublic · grades 9–122.4 km58%Grade 9 math
École secondaire publique Mille-IlesConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades 9–123.4 km87%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in East of Sir John A. Blvd are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record