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Spectacular investment opportunity in the heart of Downtown Kingston, just steps from Queens University and overlooking beautiful Victoria Park. Situated on a large corner lot in one of the citys most desirable student rental districts, this property offers consistent rental demand and strong cash flow. The main floor boasts 9 ft ceilings, wide hallways, a spacious eat-in kitchen with walkout to the rear deck and landscaped yard, a comfortable living room, a full bath, and a generously sized bedroom. The upper level features three oversized, carpet-free bedrooms filled with natural light, along with a well-appointed 5-piece bathroom. The fully finished lower level adds impressive value, offering a large rec room, an additional oversized bedroom, laundry area, and another full bath. Recent upgrades include a new roof (2019), eight updated windows, flooring, and a fully finished lower level. The property is currently leased to excellent tenants at $4,740/month (+ utilities), providing a turnkey, income-generating investment.Whether you're an experienced investor or entering the Queens student rental market for the first time, this property checks all the boxes: location, quality, and reliable returns.
Fridge, Stove, Washer, Dryer
City: Kingston
Neighborhood: Central City East
Purchase Price | $897900 |
Down Payment | $179580 |
Mortgage Insurance | $0 |
Total Mortgage | $718320 |
Mortgage Payment | $4426 |
Property Taxes | $459 |
Maintenance Fees | $0 |
Monthly Payment | $4886 |
Sold Comparables homes near 368 Albert St, Kingston
Located at 368 Albert St , this Kingston house is available for sale. This property was listed for $897,900 on Mon Sep 08 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Bathroom, Br, Br, Br, Bathroom, Br, Br, Bathroom. This property comes with 2 parking spots. 368 Albert St, Kingston is situated in the Central City East neighbourhood.
MLS#: X12389144 · $897,900 · 4 bedroom house in Central City East, Kingston