ON > Kingston > 14 - Central City East
Kingston, ON K7L 3S4,307 Alfred ST
Kingston, ON K7L 3S4,307 Alfred ST
Kingston, ON K7L 3S4,307 Alfred ST
Kingston, ON K7L 3S4,307 Alfred ST
Kingston, ON K7L 3S4,307 Alfred ST
Kingston, ON K7L 3S4,307 Alfred ST
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 1,550,000
Est. payment | /mo

11 Beds

7 Baths

Save
$ 1,550,000
Est. payment | /mo
Save

11 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 14 - Central City East

MLS Listing ID X12103862

Style 3-Storey

Bedrooms 11

Building Age 100+

Annual Tax Amount $9,609

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Incredible downtown Kingston legal 4-unit investment property seconds from Queen's University and everything else nice that Kingston has to offer. This 11 bedroom fourplex is the perfect addition to a rental portfolio offering a rare combination of stability, demand, and strong returns. The building is currently fully leased and has never been vacant - the consistent demand has been proven over the years. Owned by the same owner since 2004, this investment has paid off. Generating impressive rental yields, this property is currently bringing in over $113,000 per year! Unit 1 features 2 good sized bedrooms, along with a full kitchen and bath. Units 2, 3, & 4, are all 3 bedroom units with cozy kitchens, multiple bathrooms, big windows and large bedrooms. The charm, walkability, and lakeside lifestyle continue to attract tenants year-round. Whether you're expanding your portfolio or entering the market, this is a prime opportunity to invest in one of Ontario's most dependable university towns.

Location

Province ON

County Frontenac

Community 14 - Central City East

Area Frontenac

Rooms

Family Room No

Basement Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 27.0

Lot Depth 116.0

Building

Foundation Stone

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
agent-avatar

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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307 Alfred ST