About 1028 Johnson Street
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
Features of 1028 Johnson Street
| MLS® # | X13656320 |
|---|---|
| Price | $1,189,900 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Square Footage | 2500-3000 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 1028 Johnson Street |
|---|---|
| Area | Frontenac |
| Subdivision | 18 - Central City West |
| City | Kingston |
| Province | ON |
| Postal Code | K7M 2N4 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | None |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Apartment |
| Kitchens | 5 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | AXON REAL ESTATE BROKERAGE INC. |
|---|