$1,390,000

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317 University Avenue, Kingston (Central City East) - Multi-family for Sale

317 University Avenue, Kingston (Central City East), Ontario, K7L3R4

11 beds6 baths parking

418 College Street, Kingston (Central City East), Ontario, K7L4M7

8 bd3 ba6 pk2,250 ft²Lot size 42 × 152 ft (6,380 sq ft)

Listed by ROYAL LEPAGE TEAM REALTY

493 COLLEGE Street, Kingston (Central City East), Ontario, K7L4M8

For sale

15 days ago

$1.57M

493 COLLEGE Street, Kingston (Central City East), Ontario, K7L4M8

11 bd4 ba6 pk2,250 ft²Lot size 45 × 125 ft (5,625 sq ft)

Listed by EXP REALTY, BROKERAGE

442 Macdonnell Street, Kingston (Central City East), Ontario, K7L4E4

For sale

51 days ago

$2.38M

442 Macdonnell Street, Kingston (Central City East), Ontario, K7L4E4

3 pk1,884 ft²

Listed by CENTURY 21 LANDUNION REALTY INC.

For sale

51 days ago

$2.38M

442 Macdonnell Street, Kingston (Central City East), Ontario, K7L4E4

12 bd12 ba3 pk350 ft²Lot size 34 × 67 ft (2,285 sq ft)

Listed by CENTURY 21 LANDUNION REALTY INC.

Investment analysis

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$1,390,000

Kingston

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46 × 109 ft (4,978 sq ft) lot size

Overview

This multi-family property in Kingston is for sale offering roughly 4,250 sq ft of space. It has been on the market 2 days, fresher than the Kingston average of 61 days.

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

Description

Duplex in a wonderful central location close to downtown and all its amenities. Unit one features six bedrooms with 2.5 baths and in suite laundry. Unit 2 is five bedrooms also with 2.5 baths and in suite laundry. There is a detached garage on the property as well as parking for four cars. (id:66096)

Property Details

MLS®: X14139552
Property Type: Multi-family
Bedrooms: 11
Beds (above / below): 11 above · 0 below
Bathrooms: 6
Half Baths: 2
Parking: 4
Interior Size: 4,250 ft²
Lot Size: 46 × 109 ft (4,978 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Natural gas
Cooling: None
Garage: Detached Garage, No Garage
Property Tax: $14,022.1/yr
Listed: 2 days ago

Rooms

Main level

Kitchen: 4.1 x 3.7 meters
Living room: 5.7 x 4.33 meters
Bedroom: 2.24 x 2.37 meters
Bedroom: 1.72 x 3.59 meters
Bedroom: 5.02 x 2.79 meters
Bedroom: 2.96 x 3.39 meters
Bedroom: 4.46 x 5.16 meters
Bedroom: 3.49 x 4.78 meters
Bathroom: 1.89 x 2.04 meters

Second level

Living room: 4.03 x 3.65 meters
Bedroom: 3.49 x 5.28 meters
Bedroom: 5.78 x 4.2 meters
Bedroom: 2.2 x 3.02 meters
Bedroom: 4.17 x 5.25 meters
Bedroom: 5.77 x 3.95 meters
Bathroom: 1.76 x 3.52 meters
Kitchen: 2.22 x 3.87 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Stone
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kingston (Central City East) listings, avg age

61d

Price / ft²

$327

List price

$1.39M

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 11-bed multi-family in Kingston (Central City East) has been listed for 2 days, which is 59 days fresher than the city average of 61. Act while there is still low competition.

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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE · JUDY DENNEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7L)

This home lists at $1,390,000, about 19.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $271,516 (20% down, 25-yr amortization, stress-tested) — roughly 275% above the area median.

Median household income: $72,500
Population: 19,621
Median age: 40
Owner / renter: 46% / 54%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA K7L)

$1,390,000· $327/ft²

For sale

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Full Cost Breakdown

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Down Payment8.20% · $114,000.00

Min 8.20%50%

Mortgage payment$7,074/mo

↳ CMHC premium ($51,040 capitalized)

Property tax (est.)$1,169/mo

Total monthly$8,243

Cash Needed to Close

Down payment (8.20%)$114,000

Land transfer tax$24,275

Est. closing costs$6,670

Total cash needed$144,945

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