271-273 Rideau St is a 10-bedroom, 5-bathroom multiplex in Kingston, listed for $949,000. It has 3000-3500 sq ft of living space.
1This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area.
2Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round.
Prime five-unit income property ideally located just steps from downtown Kingston, Kingston General Hospital, and Queen's University. This well-cared-for multiplex offers a desirable unit mix and includes on-site parking for four vehicles-an added advantage in this high-demand rental area. With a proven track record of consistent tenancy and a straightforward, low-maintenance operating setup, this property delivers dependable cash flow and long-term stability. Surrounded by amenities, transit, and major employment hubs, it continues to attract quality tenants year-round. A rare opportunity to acquire a solid, income-generating asset in one of Kingston's most sought-after rental locations.
10 bedrooms, 5 bathrooms, about 3,000 sq ft, works out to roughly $316 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.Ask Zara a follow-up
Inside 271-273 Rideau St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
4 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
271-273 Rideau St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12997694$949,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 271-273 Rideau St Compares to the Kingston Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,662
/mo
based on the purchase price of $949,000
$189,800 cash
$759,200 financed
$639,446 total interest
Principal54%$759,200
Interest46%$639,446
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kingston
Other 9-bed homes for sale in Kingston around $949K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings707Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 13 – Jul 12, 2026: prices down.
Based on 680 sales from Jul 12 – Oct 10, 2026 (466 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 271-273 Rideau St
How much is 271-273 Rideau St listed for?
271-273 Rideau St is listed at $949,000 (MLS® X12997694). Summitly updates the price as soon as the MLS® record changes.
Is $949,000 a good price for 271-273 Rideau St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kingston. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 271-273 Rideau St changed?
No — 271-273 Rideau St is still listed at its original asking price of $949,000.
How many bedrooms and bathrooms does 271-273 Rideau St have?
271-273 Rideau St has 10 bedrooms and 5 bathrooms, with about 3,000–3,500 square feet of living space. It is a multiplex in Kingston.
How much would the monthly mortgage be on 271-273 Rideau St?
About $4,662 a month — principal and interest on $949,000 with 20% down ($189,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 271-273 Rideau St compare with other homes in Kingston?
Its asking price of $949,000 is about 60% above the median sold price in Kingston over the last 90 days, $594,250, across 680 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 271-273 Rideau St been sold before?
Summitly has no earlier MLS® sale or lease of 271-273 Rideau St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 271-273 Rideau St?
271-273 Rideau St is in Kingston, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 271-273 Rideau St been on the market?
179 days — 271-273 Rideau St was listed on April 14, 2026.
What is the price per square foot of 271-273 Rideau St?
About $271 to $316 per square foot: the asking price of $949,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 271-273 Rideau St have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 271-273 Rideau St have a basement, and is it finished?
