76-78 North Street, Kingston

Price: $749,900

6 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: X13224728

Opportunity knocks in this two unit home in the heart of downtown Kingston, steps from Slush Puppie Place, Artillery Park, Surf Shack Yoga Studio, and the Elm! Previously two separately deeded, 3 bedroom semis, this property now has endless possibilities. Live in one side and rent the other to help pay the mortgage, air B & B, or let this be the first step for you on the investment property ownership ladder. The location couldn't be better for a student rental and the units are both in great condition. Vacant as of July 1st. Parking available via deeded right-of-way. This one is definitely worth a look!

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$749,900 - 76-78 North Street, Kingston

Multi-Family for Sale in Kingston

37 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

6Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
X13224728
Property Type
Multi-Family
Status
active
Days on Site
37
Bedrooms
6
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kingston
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Opportunity knocks in this two unit home in the heart of downtown Kingston, steps from Slush Puppie Place, Artillery Park, Surf Shack Yoga Studio, and the Elm! Previously two separately deeded, 3 bedroom semis, this property now has endless possibilities. Live in one side and rent the other to help pay the mortgage, air B & B, or let this be the first step for you on the investment property ownership ladder. The location couldn't be better for a student rental and the units are both in great condition. Vacant as of July 1st. Parking available via deeded right-of-way. This one is definitely worth a look!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

76-78 North Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$3,313

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 $500/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.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.

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.

Investment Perspective

Looking at this as an investment: Kingston properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    76-78 North Street, Kingston | $749,900 | Battaglia Team