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$2,375,000
Ontario,Kingston (Central City East)
For Sale Active
442 MACDONNELL STREET, Kingston (Central City East), Ontario K7L4E4
  • 1,884 Sqft
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Basic Details
Description

Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 7 one-bedroom units and 5 efficient bachelor units. Situated in a high-demand location with easy transit access to downtown amenities and post-secondary institutions. Strong Revenue Stream: Generating a solid $182, 600 in gross annual rent, plus extra income from the onsite coin-operated laundry

and 3 dedicated outdoor parking spaces. Current Rent is 12% below market across the building, with room to improve. Low Owner Capital Expenditure: New roof replaced 2 years ago, offering low maintenance risk for years to come.Minimal Utility Costs: Each unit is individually metered for hydro, drastically keeping landlord utility expenses low. Key Features: Carpet-free building interior, exterior lighting, updated fire protection system, and select units with cozy gas fireplaces. An exceptionally stable, low-maintenance multi-family asset offering strong cash flow with reliable upside. Financial statements and rent roll available upon request. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13778214
  • Price: $2,375,000
  • Square Footage: 1,884 Sqft
  • Status: Active
  • Office Name: CENTURY 21 LANDUNION REALTY INC.
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 275867
Features & Appliances
Features
  • Heating System: Baseboard heaters
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Kingston (Central City East), K7L4E4
  • Street: Macdonnell
  • Street Number: 442
  • Street Suffix: Street
  • Longitude: W77° 29' 38.8''
  • Latitude: N44° 14' 18.2''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=33.91 x 67.4 FT
Financial
  • Tax Annual Amount: 20636
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Listing updated: 2026-09-14 03:46:38
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Listing Information
  • List Agent Key: 2042834
  • List Office Key: 275867
  • Modification Timestamp: 2026-09-14T04:50:06Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-09-14T04:40:47Z
Powered by REALTOR.ca
Listing updated: 2026-09-14 03:46:38
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