For Sale

297 Helen Street, Kingston, Ontario K7L 4P6

$5,300,000

297 Helen Street, Kingston, Ontario K7L 4P6 is For Sale and has a listing price of 5,300,000. The property is located in the Kingston . It's been on the website for 10 Days.

  • Investment
    Property Type
  • MLS ID: X12575588
  • Office Name RE/MAX RISE EXECUTIVES, BROKERAGE
Property Description

Two 14-unit apartment buildings on one parcel in a prime downtown Kingston location. Strong in-place cash flow with below-market rents and a clear value-add trajectory. The property generates a current NOI of $216,006 annually (reflecting the in-progress unit turnover). All units have independent hydro service. The asset is also well-positioned for CMHC MLI Select financing, providing investors the opportunity to enhance leverage and maximize long-term returns .Full financials, rent roll, environmental reports, survey, floorplans, and photos are available through the secure data room.

Property Details
  • MLS ID: X12575588
  • Price: $5,300,000
  • Lot Depth: 242.31
  • Transaction Types: For Sale
  • Ref ID: X12575588
  • Year Built: N/A
  • Dir / Cross St: Princess St and Helen St
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
11/25/2025 X12575588 $5,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kingston
  • $822,934 Average List Price
    based on 1 year
  • 124 New Listings
    based on 30 days
  • 64 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.2 % Up
  • Sold (12mo) 1,083
  • Rented (12mo) 61

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 88 Walk Score
    Very Walkable
  • 54 Transit Score
    Good Transit
  • 78 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Gas Hot Water
  • Heat Source Gas
  • Garage Type Y
  • Taxes: $64,601
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/11/2025 17:52:06
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