$1,550,000
Available - For Sale
Listing ID: X12103862
307 Alfred Stre , Kingston, K7L 3S4, Frontenac
| 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. |
| Price | $1,550,000 |
| Taxes: | $9609.00 |
| Occupancy: | Tenant |
| Address: | 307 Alfred Stre , Kingston, K7L 3S4, Frontenac |
| Acreage: | < .50 |
| Directions/Cross Streets: | Mack Street |
| Rooms: | 19 |
| Rooms +: | 4 |
| Bedrooms: | 9 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Basement | Primary B | 8.99 | 12 | |
| Room 2 | Basement | Bedroom 2 | 10.99 | 8.99 | |
| Room 3 | Main | Primary B | 12.99 | 16.01 | |
| Room 4 | Main | Bedroom 2 | 10.99 | 16.01 | |
| Room 5 | Main | Bedroom 3 | 10 | 14.99 | |
| Room 6 | Second | Primary B | 9.51 | 13.48 | |
| Room 7 | Second | Bedroom 2 | 8.5 | 10.99 | |
| Room 8 | Second | Bedroom 3 | 8.5 | 10.99 | |
| Room 9 | Third | Primary B | 10.99 | 12 | |
| Room 10 | Third | Bedroom 2 | 8 | 14.99 | |
| Room 11 | Third | Bedroom 3 | 8.5 | 10.99 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Basement |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 3 | Main |
| Washroom Type 4 | 3 | Second |
| Washroom Type 5 | 4 | Third |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Dir:
416-901-9881
Bus:
416-901-8881
Fax:
416-901-9881
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Style: | 3-Storey |
| Approximate Age: | 100+ |
| Tax: | $9,609 |
| Beds: | 9+2 |
| Baths: | 7 |
| Fireplace: | N |
| Pool: | None |
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