Was listed for:Terminated Jun 18, 2026
$1,459,000

186 Rideau Street

Kingston (East of Sir John A. Blvd), ON K7K 3A3

Multiplex TerminatedNot availableMLS® x13151032
  • 11Bedrooms
  • 6Bathrooms
  • 6Parking
  • 3.5K~5KSq.Ft.
  • $9,931Tax
  • 52×132 ftLot Size

Sale & price history

  • Terminated2026-05-19 – 2026-06-18

    MLS® x13151032

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186 Rideau Street, Kingston(opens Google Maps in a new tab)

Summarized Description

  • Investment opportunity with fully tenanted 6-plex.
  • Turnkey addition to multi-family portfolio.
  • High-demand mix of one, two, and three bedroom units.
  • Dedicated parking available for 6 vehicles.
  • On-site coin laundry for additional revenue.
  • Select apartments offer beautiful water views.
  • Major capital improvements already completed.
  • Optimized utility costs with high-efficiency systems.

Attention Investors! Here is a rare opportunity to acquire a rock-solid, fully tenanted 6-plex at 186 Rideau Street, making it a turnkey addition to any multi-family portfolio. This prime property features an excellent, high-demand unit mix of one, two and three bedroom layouts, all occupied by reliable, long-term tenants and offers potential for future appreciation and rental upside. Convenience is key with dedicated parking for 6 vehicles and on-site coin laundry for extra revenue streams. Select apartments boast beautiful water views. Major capital improvements have already been taken care of, including a steel roof and high-efficiency boiler heating system for worry-free ownership and optimized utility costs. Offering a balance of cash flow, long-term stability, and an unbeatable location, this exceptional investment opportunity is ready for its next owner. Schedule your private viewing today! Rent roll, expenses and list of property updates available upon request.

  • Carpet Free
  • City
  • Downtown
  • Lake
  • Landscaped
  • Porch

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,931
Land Transfer Tax Fee
$25,655

Rental Items

Rental Equipment
Hot Water Tanks

Basement Type
Partial Basement, Unfinished

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free
View
City, Downtown, Lake
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Landscaped, Porch
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Rolled, Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
52.00 ft
Lot Depth
132.00 ft

Inclusions

Inclusions
refrigerator x 6, stove x 6, dishwasher x 2, washer x 1, dryer x 1.

Exclusions

Exclusions
Tenants' belongings

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Other
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Municipality
Kingston
Neighbourhood
East of Sir John A. Blvd
Main cross streets
Raglan Road
Directions
North on Montreal then right on Raglan to Rideau. Property is on the left just past Raglan Road

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Around this home

4/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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  • Central

    Public · elementary · 620 m

  • Regiopolis/Notre-Dame

    Private · secondary · 960 m

  • Cathedrale

    Private · elementary · 1.1 km

  • Rideau

    Public · elementary · 1.8 km

  • Winston Churchill

    Public · elementary · 2.0 km

  • Molly Brant

    Public · elementary · 2.2 km

  • Kingston

    Public · secondary · 2.2 km

  • John Graves Simcoe

    Public · elementary · 2.4 km

  • La Salle

    Public · secondary · 2.4 km

  • St. Francis of Assisi

    Private · elementary · 2.5 km

  • Rideau Heights

    Public · elementary · 2.9 km

  • Loyalist

    Public · secondary · 3.0 km

For the owner

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Monthly payment

$5,699/month

On $1,459,000

%

$291,800

%
Amortization
$/month
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MLS® number
X13151032
Data source
Toronto Regional Real Estate Board
Status change
2026-06-18
Listed on
2026-05-19
Days on market
30 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
CENTURY 21 HERITAGE GROUP LTD., BROKERAGE

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