25 Colborne Street, Kingston

Price: $1,095,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Multi-Family

MLS#: X13161090

Deep, unapologetic red walls -the kind that states a certain elegance and never dates at all. Add original woodwork, exceptionally tall ceilings, wide staircases and you're guaranteed to be wowed walking through the front doors. This fourplex has that quality throughout. Four one-bedroom suites on one of downtown Kingston's most walkable streets, each unit a little different from the next. The expensive ticket items have been looked after including the roof, boiler, and exterior maintenance. The main-floor apartment is the one people talk about after they leave. Inside, the ceilings hit ten feet. Bookshelves line the walls like someone didn't miss one book sale. There's a gas fireplace for the months when you need one and a mini split for the weeks when you'd pay anything for cold air. Washer and dryer are self contained within the unit. The light reflects off the wooden floors and this space reminds you of a chapter from Pride or Prejudice. 2 units occupy the 2nd floor and the 3rd floor features an attic style suite that is charming in its own right. The building sits steps from a plethora of restaurants, downtown markets, and a variety of coffee shops you'll develop opinions about. It's the kind of address that makes the commute home feel like the point. There is an enclosed back space for a pooch, a shed for gardening tools, a deck for cocktails, and parking for 3+cars. More information about this heritage designated home can be found in the docs section. Great tenants currently in place. A home inspection by Before You Buy Home Inspections has recently been completed for the building and units.

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$1,095,000 - 25 Colborne Street, Kingston

Multi-Family for Sale in Kingston

49 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

4Beds
4Baths
3,000 - 3,499Sq Ft
Multi-Family
Property Details
MLS Number
X13161090
Property Type
Multi-Family
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Kingston
Lot Size
5,096 sqft
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

Deep, unapologetic red walls -the kind that states a certain elegance and never dates at all. Add original woodwork, exceptionally tall ceilings, wide staircases and you're guaranteed to be wowed walking through the front doors. This fourplex has that quality throughout. Four one-bedroom suites on one of downtown Kingston's most walkable streets, each unit a little different from the next. The expensive ticket items have been looked after including the roof, boiler, and exterior maintenance. The main-floor apartment is the one people talk about after they leave. Inside, the ceilings hit ten feet. Bookshelves line the walls like someone didn't miss one book sale. There's a gas fireplace for the months when you need one and a mini split for the weeks when you'd pay anything for cold air. Washer and dryer are self contained within the unit. The light reflects off the wooden floors and this space reminds you of a chapter from Pride or Prejudice. 2 units occupy the 2nd floor and the 3rd floor features an attic style suite that is charming in its own right. The building sits steps from a plethora of restaurants, downtown markets, and a variety of coffee shops you'll develop opinions about. It's the kind of address that makes the commute home feel like the point. There is an enclosed back space for a pooch, a shed for gardening tools, a deck for cocktails, and parking for 3+cars. More information about this heritage designated home can be found in the docs section. Great tenants currently in place. A home inspection by Before You Buy Home Inspections has recently been completed for the building and units.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,843.55/mo

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5-yr fixed avg.

Principal: $876,000Interest: $577,066
Mortgage Amount$876,000
Total Interest$577,066
Est. Property Tax$776/mo
Total Cost$1,453,066

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 22 - East of Sir John A. Blvd

Discover 22 - East of Sir John A. Blvd

22 - East of Sir John A. Blvd is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 22 - East of Sir John A. Blvd

  • Convenient location in Kingston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

22 - East of Sir John A. Blvd offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

25 Colborne Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$776
Insurance (est.)-$228
Net Cash Flow+$2,796

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $365/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Kingston. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kingston. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 22 - East of Sir John A. Blvd

I know 22 - East of Sir John A. Blvd well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    25 Colborne Street, Kingston | $1,095,000 | Battaglia Team