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341 Division Street
22 - East of Sir John A. Blvd Kingston K7K 4A2

$669,900 /For Sale
Commercial

Main Photo: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 1: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 2: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 3: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 4: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 5: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 6: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 7: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 8: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 9: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 10: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 11: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 12: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 13: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 14: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 15: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 16: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 17: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 18: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 19: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 20: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 21: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 22: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 23: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 24: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 25: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 26: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 27: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 28: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 29: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Photo 30: 341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
Status:
Active Under Contract
Prop. Type:
Commercial
MLS® Num:
X12888380
Bus Major:
Apts - 2 To 5 Units
Attention Investors and Queen's University Parents! Beautifully kept cash-flowing legal non-conforming triplex in prime downtown Kingston location! Aggressively priced and fully rented with a 7.28% cap rate and immediate cash flow. Unit #1 (1BR): $1,600/month, Unit #3 (1BR): $1,600/month, Unit #2 (2BR): $1,900/month for a total gross income of $61,200 annually. Operating expenses are $12,440 (Taxes: $4,568, Insurance: $2,210, Utilities: $5,662) for an NOI of $48,760 with upside potential to $55,000+ through strategic rent increases. Each unit features in-suite laundry and dedicated parking-a rare combination that commands premium rents. The building is in excellent condition with extensive recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. High ceilings and exposed brick throughout make units highly attractive to tenants. This is a turnkey investment with quality tenants in place, low operating costs, and strong cash flow from day one. Perfect for first-time multi-family investors or experienced landlords looking for a solid performing asset in Kingston's strong rental market. Easy showings available-call, text, or email to book your viewing.
Property Type:
Commercial
Property Sub Type:
Investment
Property Attached:
Yes
Freestanding:
Yes
Total Area:
248 sq. ft. Square Meters
Total Area:
248 sq. ft.
Lot Depth:
100'
Lot Frontage:
25'
Lot Details:
100 x 25
Bedrooms:
4
Water supply:
Municipal
Kitchens:
3
Rooms:
13
Zoning:
A
Heating type:
Gas Forced Air Open
Cooling:
No
New Construction:
No
Garage:
None
Parking Spaces:
3
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,795.01 / 2025
Assessment:
$- / -
Frontenac
Kingston
22 - East of Sir John A. Blvd
Hot water tank
3x Stove, 3x Fridge, 3X Washer, 3X Dryer
Tenants possessions
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Mar 16, 2026
Original Price:
Previous Price:
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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
Data was last updated March 18, 2026 at 04:15 PM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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