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Re-listed 9 hours ago

307 Alfred St, Kingston, Ontario K7L 3S4

Townhouse
9 + 2
7
~3500-5000 sqft
$•••,•••
$1,550,000
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Townhouse
9 + 2
7
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$376/sqft

Est. Mortgage$6,657/mo

Tax Amount (2024)$9,609/yr

Days On Market9 hours

Total Days On Market24 days


Description

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.


Property Details

Style3-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size3,132 SqFt(116 x 27)
Parking Spaces-
MLS ®NumberX12103862
Community NameQueens
Data SourceTRREB
Listing byRE/MAX RISE EXECUTIVES, BROKERAGE

Features

Heating: Radiant
Basement: Finished

3rd Floor

3rd Br

2.59 x 3.35

Primary

3.35 x 3.66

2nd Br

2.44 x 4.57


Features

Lot size: 3,132 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
9 hours on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX RISE EXECUTIVES, BROKERAGE, Brokerage
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Market Data - Queens

Geo Zone Map ThumbnailQueens

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

New Listings

Past 30 days

1 listing

Compared to

Units sold

Past 30 days

2 units

Compared to

Median Sold Price

Past 30 days

$1,055,000

Compared to


Population and Demographics

Overview

Total population 2105
Average household income $149,242

Age (%)

20 to 34
46%
0 to 19
18%
65 and plus
15%
50 to 64
12%
35 to 49
10%

Household composition (%)

Single person
48%
Single family
32%
Multi person
20%
Multi family
0%

Mother tongue (%)

English
86%
Mandarin
4%
Others
3%
French
2%
Spanish
1%
English and French
1%

House tenancy (%)

Renters
72%
Owners
28%

Schools and amenities

Estimated Budget