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300 Regent St
Kingston, ON K7L 4K6
The Sandpiper · Multifamily Property For Sale
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46 Units
Investment Highlights
- 59% of suites renovated — minimal capital required with potential to further increase revenue as units turn over.
- Tenant-paid surface parking ($50/ month/stall) and a basement laundry room with newer, owned machines.
- Situated near Queen’s University, public transit, retail amenities, and major employment hubs — offering steady tenant demand.
- 34 bachelor and 12 one-bedroom suites — ideal for Kingston’s student and professional tenant base.
- Projected Year 1 NOI of $436,361 | In-place cash flow with continued upside.
- Kingston boasts low vacancy rates and steady rental demand supported by students, healthcare workers, and public sector employment.
Property Facts
| No. Units | 46 | Lot Size | 0.74 AC |
| Property Type | Multifamily | Building Size | 43,600 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Zoning | B3 - Multiple Family Dwelling Zone | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 43,600 SF |
| No. Stories | 4 |
| Year Built | 1975 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | B3 - Multiple Family Dwelling Zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | 595 |
| 1+1 | 12 | - | 739 |
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