153-155 Brock Street - Downtown Kingston | $2,199,000A rare opportunity to acquire a fully renovated, income-producing student housing asset in the heart of downtown Kingston - walking distance to Queen's University. This 1850 limestone heritage property spans two connected buildings and offers a combined 15 bedrooms and 6 bathrooms, making it one of the largest turn-key rental properties available in the downtown core. Two of the 3 units are fully furnished and equipped with keypad entry systems, allowing for secure, flexible tenant management across multiple leases. In 2018, the property underwent a complete mechanical overhaul - plumbing, electrical, and HVAC systems were all replaced - reducing near-term capital expenditure and offering peace of mind for a new owner. This is not a property that requires renovation to perform; it is ready to generate income from day one. The location is exceptional for the student rental market. Queen's University, downtown dining and retail, and the Kingston waterfront are all within easy walking distance, and Hotel Dieu Hospital sits directly across the street - a location that consistently drives strong tenant demand year after year. Four on-site parking spaces are a significant advantage in a downtown core where parking is limited, and a bus stop directly in front of the property adds further convenience for tenants without vehicles. With its scale, location, and updated infrastructure, 153-155 Brock Street offers investors a proven, high-occupancy student rental opportunity with flexible options for long-term leases or short-term rental use. Properties of this size and condition rarely become available in downtown Kingston, and this one is now offered at a reduced price of$2,199,000.
| MLS # | X13684590 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 24 |
| Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE | X13684590 179024 |
| Bed(s) | 15 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.10 |
| Property View | City |
| Interior Features | Water Heater, Other |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Exterior Features | Lighting |
|---|---|
| Roof | Asphalt Shingle, Other |
| Foundation Details | Stone |
| Topography | Flat |
| View | City |
| Construction Materials | Stone |
| Security Features | Security System |
| Garage Yes / No | No |
|---|---|
| Parking Features | Other |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 18310.01 |
|---|---|
| Tax Assessed Value | 1173000 |
| Tax Legal Description | PT LT 2 N/S BROCK ST PL SELMA SUBDIVISION KINGSTON CITY PT 5 13R10894 & AS IN FR519837 EXCEPT PT 4 13R10894; S/T FR734851, FR519837; T/W ROW OVER PT 4, 13R10894 AS IN FR734849 ; KINGSTON ; THE COUNTY OF FRONTENAC PT LT 1 N/S BROCK ST PL SELMA SUBDIVISION KINGSTON CITY PT 1 13R2296; S/T INTEREST IN FR178049; KINGSTON ; THE COUNTY OF FRONTENAC |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7L 1S2 |
| Area | 14 Central City East |
| Listing VS Median (in K7L 1S2) | |
Price: $2,199,000 low | high Med: $0 On site: 24 low | high Med: | |
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7L 1S2 |
| Area | 14 Central City East |
| Listing VS Median (in K7L 1S2) | |
Price: $2,199,000 low | high Med: $0 On site: 24 low | high Med: | |