Home with brick exterior material, building for 53 Lakeview Ave, Kingston Ontario K7M 3T4
9 days on Market

53 Lakeview Ave, Kingston, Ontario K7M 3T4

Detached
6 + 2
8
~3000-3500 sqft
$1,344,000
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Detached
6 + 2
8
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$416/sqft

Est. Mortgage$5,772/mo

Tax Amount (2024)-

Days On Market9 days


Description

6+2 bedroom, one of a kind legal 4-Unit investment or multi-family opportunity in Kingston's highly desirable Reddendale neighbourhood! It features two, two-level 3-bedroom units and 2 spacious 1-bedroom basement units. High-end finishes throughout include quartz countertops in every kitchen, ceramic tile in the bathrooms, and 9-ft ceilings on both the main floor and basement, creating bright, open spaces. Each unit has separately metered electricity and water, while gas is supplied to the main-floor units with separate metering. Separate high efficiency furnace & air conditioners serve the 2 main floor units. Gas hot water tanks for each main floor unit, electric hot water in the basement (all owned not rented). HRV system. Enjoy parking for four vehicles and a prime location just steps from parks, Crerar Park Beach, and only five minutes to a golf course, driving range and major shopping areas. HST Included. Currently under construction and nearing completion in June 2025. This is an excellent opportunity for investors, multi-generational living or live-in landlords in one of Kingston's premium neighbourhoods. Potential for over $100,000 annual rental income.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size543 SqM(25.01 x 21.74)
Parking Spaces4
MLS ®NumberX12170215
Community NameReddendale
Data SourceTRREB
Listing byONE PERCENT REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Full

Main Floor

Living

6.88 x 4.14

Dining

3.65 x 4.14

Kitchen

3.63 x 2.43

Foyer

2.23 x 1.75


Features

Lot size: 543 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 23, 2025
ListedActive
$1,344,000
9 days on market
history photo preview12
Listing by trreb®
Property listed by ONE PERCENT REALTY LTD., Brokerage
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Market Data - Reddendale

Geo Zone Map ThumbnailReddendale

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

14 days

2023

44 days

2022

7 days

New Listings

Past 30 days

6 listings

Compared to

2024

4 listings

2023

4 listings

2022

3 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$630,000

Compared to

2024

$660,000

2023

$1,850,000

2022

$881,000


Population and Demographics

Overview

Total population 1382
Average household income $151,189

Age (%)

65 and plus
28%
50 to 64
22%
0 to 19
20%
35 to 49
16%
20 to 34
14%

Household composition (%)

Single family
72%
Single person
25%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
2%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget