8 Bedrooms

2 Bathrooms

2,000 - 2,500 sqft Interior

4 Parking spaces

33 X 132 Ft Lot size

22 days ago Listed

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About this home

Prime Investment Opportunity in Kingston's Vibrant Williamsville Neighbourhood! Welcome to 392 Alfred Street - a well-maintained, fully rented duplex located just steps from Princess Street in one of Kingston's most desirable and high-demand areas. This turnkey property features two spacious units offering a total of 8 bedrooms, making it an ideal addition to any investor's portfolio. OR a great investment for any parent looking to offset costs for children attending Queen's U. With unbeatable proximity to Queen's University, Kingston Transit, and local amenities, tenant demand remains strong year-round. Unit 1 is currently leased at $4055.00/month inclusive, and Unit 2 at $4100.00/month inclusive - both under lease until 2027 - ensuring immediate and reliable income with a strong return on investment. Whether you're looking to expand your portfolio or enter Kingston's thriving real estate market, this property offers location, stability, and solid cash flow from day one. (id:28469)

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Facts & features

Property

MLS® Number: X13795220
Property Type: Single Family
Neighbourhood: University District
Community Name: 22 - East of Sir John A. Blvd
Ownership: Freehold
Amenities Near By: Public Transit, Park, Place Of Worship, Schools
Community Features: School Bus
Equipment Type: Water Heater
Parking Space Total: 4
Rental Equipment Type: Water Heater

Building

Bathroom Total: 2
Bedrooms Above Ground: 8
Bedrooms Total: 8
Age: 100+ Years
Appliances: Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Construction Style Attachment: Detached
Cooling Type: Central Air Conditioning
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Foundation Type: Stone
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: House
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Public Transit, Park, Place Of Worship, Schools
Sewer: Sanitary Sewer
Size Depth: 132 Ft
Size Frontage: 33 Ft
Size Irregular: 33 X 132 Ft
Size Total Text: 33 X 132 Ft
Zoning Description: Urm.7

Utilities

Cable: Available
Electricity: Installed
Sewer: Installed

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: $4,870/mo
Ontario land transfer tax: $18,473 one-time

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

The East of Sir John A. Blvd market

94 Active listings

$524,450 Median asking price

110% above median This home

37 days Avg. time on market

Browse all East of Sir John A. Blvd listings →

Rooms

Second Level

Bedroom 3.91 m x 5.13 m
Bedroom 3.23 m x 4.83 m
Bedroom 2.18 m x 2.72 m
Bedroom 3.89 m x 2.28 m

Main Level

Kitchen 3.34 m x 3.78 m
Bathroom 2.31 m x 3.81 m
Bedroom 3.94 m x 3.91 m
Bedroom 2.84 m x 2.79 m
Bedroom 3.23 m x 4.85 m
Kitchen 3.45 m x 2.64 m
Bathroom 1.96 m x 3 m

Location

392 Alfred Street, Kingston, Ontario K7K 4H7 · Get directions

392 Alfred Street