$2,100,000
13.48 BTC
Photos
Map
120 Yonge Street, Kingston
$2,100,000
PRICE
9
BEDROOMS
6
BATHROOMS
X12454390
MLSID

120 Yonge Street, Kingston

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.
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Summary

Address
120 Yonge Street
MLSID
X12454390
Property Type
Multiplex
Property Category
Bedrooms
9
Bathrooms
6
Kitchens
5
Taxes (Annual)
$9,047.00
Tax Year
2024
Published
October 9, 2025
Days on Market
16 Days
Possession Type
Flexible
Possession Details
Flexible
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Exclusions

Tenant's Belongings

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
2-Piece Main Level
Basement
Crawl Space
Interior Features
On Demand Water Heater, ERV/HRV, Separate Hydro Meter
Parking Spaces
5
Parking Total
5
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
68 Feet
Lot Depth
81 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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