5 Bedrooms

4 Bathrooms

2,000 - 2,500 sqft Interior

5 Parking spaces

64 X 71 Ft Lot size

1 day ago Listed

None Forced Air

About this home

Exceptional investment opportunity in a highly desirable downtown location, just minutes from Queen's University, major hospitals, and within easy walking distance of downtown amenities, restaurants, shops, and services. This well-positioned fourplex offers a proven rental history and has never experienced a vacancy, making it an excellent choice for investors seeking strong and consistent rental demand. The property is configured with two 1-bedroom units, one additional 1-bedroom unit, and one bachelor unit, and is currently fully rented. With its central location and strong demand from students, hospital staff, professionals, and downtown residents, this property offers excellent tenant appeal and reliable income potential. There are no issues with renting the units, providing an investor with a turnkey opportunity in a highly sought-after area. Nice sized parking lot as well which is appealing to renters. (id:28469)

Facts & features

Property

MLS® Number: X13657536
Property Type: Multi-family
Community Name: 22 - East of Sir John A. Blvd
Amenities Near By: Hospital, Public Transit, Schools
Equipment Type: Water Heater
Parking Space Total: 5
Rental Equipment Type: Water Heater

Building

Bathroom Total: 4
Bedrooms Above Ground: 5
Bedrooms Total: 5
Appliances: Water Heater, All
Basement Development: Unfinished
Basement Type: Partial (unfinished)
Cooling Type: None
Exterior Finish: Stucco, Stone
Foundation Type: Stone
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Hospital, Public Transit, Schools
Sewer: Sanitary Sewer
Size Depth: 71 Ft
Size Frontage: 64 Ft
Size Irregular: 64 X 71 Ft
Size Total Text: 64 X 71 Ft

The East of Sir John A. Blvd market

89 Active listings

$559,000 Median asking price

34% above median This home

36 days Avg. time on market

Browse all East of Sir John A. Blvd listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $3,320/mo
Ontario land transfer tax: $11,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

193 York Street, Kingston, Ontario K7K 1R5 · Get directions

193 York Street