Property Information:

Turnkey investment opportunity in the heart of Kingston's growing Williamsville neighbourhood. This well-maintained 5-bedroom detached home is currently generating $5,000 per month plus utilities with leases in place until April 2027, providing immediate and reliable income from day one. Located just three houses from Princess Street, the property enjoys exceptional access to transit, restaurants, shops, parks, markets, and everyday amenities, making it a highly desirable location for tenants. The home features an updated kitchen with a separate rear entrance, efficient gas boiler heating, hardwood flooring in select areas, and numerous updates completed over the years, including windows, shingles, soffits, fascia, and eavestroughs. Adding to its appeal is a substantial 25' x 30' detached garage with hydro, currently leased under a separate agreement, contributing to the property's overall income stream. Previously configured as an up-and-down duplex, the property is equipped with two hydro meters, presenting potential future flexibility for investors. Buyers are encouraged to satisfy themselves regarding any intended future use and applicable municipal requirements. Whether you're looking to expand your portfolio with a stable income-producing asset or secure a property in one of Kingston's most actively evolving neighbourhoods, this is an opportunity worth exploring. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Finished
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Concrete, Aluminum siding
Floor Space: 700 - 1100 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 4+1
Bathrooms: 2
Amenities Nearby: Public Transit
Community Features: School Bus
Features: Irregular lot size, Paved yard
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 142.6 Feet
Lot Frontage: 27.6 Feet
Lot Size: 27.6 x 142.6 FT
Structure Type: Deck
View Type: City view
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 7

Rooms:

Bathroom Lower Level 2.86 m x 1.65 m
4th Bedroom Lower Level 3.44 m x 4.42 m
Living Main Level 4.41 m x 3.85 m
Kitchen Main Level 3.01 m x 3.88 m
Dining Main Level 3.16 m x 3.74 m
Primary Bedroom Upper Level 2.95 m x 3.84 m
2nd Bedroom Upper Level 3.26 m x 3.84 m
3rd Bedroom Upper Level 3.84 m x 2.81 m
Bathroom Upper Level 2.18 m x 2.80 m

Convert Measurement to:

Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

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Demographic Information of 363 ALFRED STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4H6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$118,014.84

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

2.32 %

High school certificate or equivalent

42.48 %

Apprenticeship trade certificate/diploma

0.34 %

College/non-university certificate

12.18 %

University certificate (below bachelor)

0.2 %

University Degree

42.47 %

Commuter

Travel To Work

By Car

40.71 %

By Public Transit

7.12 %

By Walking

43.83 %

By Bicycle

0.55 %

By Other Methods

7.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.03 %

Houses

31.97 %

363 ALFRED STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4H6