Cross Streets: Mowat Avenue and Yonge Street. ** Directions: Portsmouth Village on the south side of King Street West between Yonge Street and Mowat Avenue. Rarely available in Portsmouth Village, this four-unit mixed-use property is perfectly positioned in the heart of a vibrant, walkable community and offers outstanding versatility for investors and owner-operators alike. Set on a generously sized lot with valuable rear-yard parking, the property is thoughtfully configured to maximize both functionality and income potential. The street-front commercial building features two separate C1-zoned retail/office units at grade level, providing excellent visibility and flexibility for personal use or steady rental income. Tucked behind, the residential building offers two well-proportioned, self-contained apartments, including a spacious three-bedroom upper unit and a comfortable two-bedroom lower unit. With dual residential and commercial zoning, this property unlocks a wide range of possibilities, an attractive long term investment, an owner-operated business with on-site living, strong student-rental potential, or a strategic blend of all three. A truly versatile opportunity in one of Kingston's most desirable neighbourhoods. Nestled in the heart of Historic Portsmouth Village, this property is surrounded by tree-lined streets and a vibrant, walkable community. Just steps from the scenic Lake Ontario waterfront trails, residents can enjoy daily walks along the shoreline while remaining minutes from the energy of the city. The location offers exceptional convenience, with Queen's University and St. Lawrence College within easy walking distance, along with an array of locally loved restaurants, cafés, bakeries, parks, transit routes, and nearby hospitals. Cherished by the same owners for over 50 years, this offering presents a rare opportunity to acquire a versatile property in one of Kingston's most established and sought-after neighbourhoods, where character, community, and potential converge. (id:27476)
