416-777-2200
300 Regent St, Kingston, ON for Sale
Apartments - FOR SALE
1/9
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300 Regent St
Kingston, ON K7L 4K6
Greater Kingston


HIGHLIGHTS

  • 59% of suites renovated — minimal capital required with potential to further increase revenue as units turn over.
  • 34 bachelor and 12 one-bedroom suites — ideal for Kingston’s student and professional tenant base.
  • Tenant-paid surface parking ($50/ month/stall) and a basement laundry room with newer, owned machines.
  • Projected Year 1 NOI of $436,361 | In-place cash flow with continued upside.
  • Situated near Queen’s University, public transit, retail amenities, and major employment hubs — offering steady tenant demand.
  • Kingston boasts low vacancy rates and steady rental demand supported by students, healthcare workers, and public sector employment.

OVERVIEW

Presenting 300 Regent Street — a clean, stabilized 46- unit multifamily property located in Kingston, Ontario. Constructed in the 1970s with concrete, this three-storey apartment building sits on 0.61 acres and features a mix of 34 bachelor units and 12 one-bedroom units. The building has undergone substantial renovations, with 59% of suites already updated, leaving minimal capital outlay required for new ownership. With a projected Year 1 NOI of $436,361, tenant-paid parking, and income-generating onsite laundry, the property offers strong in-place cash flow and efficient operations. Investors benefit from a stable asset with durable construction, modernized suites, and the potential to unlock additional income as remaining suites turn over. Strategically located in one of Ontario’s most consistent rental markets, 300 Regent Street is well-suited for long-term investors seeking a low-maintenance building with reliable returns and further income growth potential.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

46

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sandpiper

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1975

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

B3

APN/PARCEL ID

101106012001100

ASK ABOUT THIS PROPERTY

Chris BertucciColliersMore Info
416-777-2200

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Chris BertucciColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.