$650,000

For saleJust listed

284 Division Street, Kingston (East of Sir John A. Blvd), Ontario, K7K3Z8

11 bd8 ba4 pk4,250 ft²Lot size 66 × 201 ft (13,266 sq ft)

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

385 Alfred Street, Kingston (East of Sir John A. Blvd), Ontario, K7K4H6

For salePrice drop

33 days ago

$819K$849K

↓ $30K (4%) price drop

385 Alfred Street, Kingston (East of Sir John A. Blvd), Ontario, K7K4H6

6 bd2 ba2 pk2,250 ft²Lot size 25 × 90 ft (2,250 sq ft)

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

143-145 Ordnance Street, Kingston (East of Sir John A. Blvd), Ontario, K7K1G9

For sale

40 days ago

$898K

143-145 Ordnance Street, Kingston (East of Sir John A. Blvd), Ontario, K7K1G9

4 bd4 ba4 pk2,250 ft²Lot size 42 × 71 ft (2,948 sq ft)

Listed by SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

27 Stephen Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2C2

For sale

43 days ago

$420K

27 Stephen Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2C2

3 bd2 ba4 pk1,750 ft²Lot size 40 × 93 ft (3,720 sq ft)

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Investment analysis

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$650,000

Kingston

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193 York Street, Kingston (East of Sir John A. Blvd) - Multi-family for Sale

193 York Street, Kingston (East of Sir John A. Blvd), Ontario, K7K1R5

5 beds4 baths5 parking2,250 ft²64 × 71 ft (4,544 sq ft) lot sizeListed Today

Overview

This multi-family property in Kingston is for sale offering roughly 2,250 sq ft of space. It has been on the market 0 days, fresher than the Kingston average of 86 days.

Multi-Family Properties for Sale in Kingston →All real estate in Kingston →

Description

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 2-bedroom units, one 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:66096)

Property Details

MLS®: X14147276
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 4
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 64 × 71 ft (4,544 sq ft)
Frontage: 64 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $5,720.05/yr
Listed: Today

Features

Appliances: All, Water Heater
Foundation: Stone
Exterior: Stone, Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kingston (East of Sir John A. Blvd) listings, avg age

86d

Price / ft²

$289

List price

$650K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed multi-family in Kingston (East of Sir John A. Blvd) has been listed for 0 days, which is 86 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE · LISA MOCHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7K)

This home lists at $650,000, about 9.7× the local median household income of $67,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $67,000
Population: 33,705
Median age: 37.2
Owner / renter: 44% / 56%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K7K)

$650,000· $289/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$477/mo

Total monthly$3,859

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice