307 Alfred St
Central City East, Kingston
$1,550,000
Buy with Dwelly and Save $15,500
Home Details
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Listing 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 (Apt 1 $1600, Apt 2 $4100, Apt 3 $1600 and Apt 4 $2143.59) 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.
4 x fridges and 4 x stoves
City: Kingston
Neighborhood: Central City East
Property History
Rooms
Room dimensions for 307 Alfred St, Kingston
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 307 Alfred St is 8442
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1550000 |
| Down Payment | $310000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1240000 |
Monthly Payment
| Mortgage Payment | $7641 |
| Property Taxes | $801 |
| Maintenance Fees | $0 |
| Monthly Payment | $8442 |
About 307 Alfred St, Kingston
Located at 307 Alfred St , this Kingston house is available for sale. This property was listed for $1,550,000 on Thu May 08 2025. This house's size is 3500-5000 Sqft. It has 9 bedrooms and 7 bathrooms. The property includes the following rooms: Primary, 2nd Br, Primary, 2nd Br, 3rd Br, Primary, 2nd Br, 3rd Br, Primary, 2nd Br, 3rd Br. 307 Alfred St, Kingston is situated in the Central City East neighbourhood.
MLS#: X12103862 · $1,550,000 · 9 bedroom house in Central City East, Kingston