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$1,239,000
Ontario,Kingston (City SouthWest)
For Sale Active
53 LAKEVIEW AVENUE, Kingston (City SouthWest), Ontario K7M3T4
  • 8
  • 8
  • 700 - 1100Square Feet
Basic Details
Description

Exceptional 4-Unit Investment in Reddendale – Steps from Amenities, Transit, and SchoolsA rare opportunity in Kingston’s highly desirable Reddendale neighbourhood! This one-of-a-kind legal 4-unit property features 6+2 bedrooms across two spacious two-level 3-bedroom units and two well-appointed 1-bedroom basement units. Currently, 3 of the 4 units are leased, generating over $65,000 in annual rental income, with the final tenant occupying

the remaining 3-bedroom unit May 15, making for an additional $30,000 per year.Designed for modern living and long-term value, each unit showcases high-end finishes including quartz countertops in every kitchen, ceramic tile bathrooms, and 9-ft ceilings on both the main floor and lower level that enhance light and space. Every unit is separately metered for electricity and water, while gas service is provided to the main-floor units-each equipped with its own high-efficiency furnace, central air conditioner, and gas hot water tank. Basement units feature owned electric hot water heaters, ensuring low-maintenance efficiency throughout. An HRV system supports healthy airflow and comfort year-round.The property offers parking for four vehicles and an unbeatable location within walking distance to Crerar Park Beach, neighbourhood parks, and a local golf course and driving range. Conveniently located near public transit routes, St. Lawrence College, Queen’s University, and Kingston General Hospital, this property appeals to students, professionals, and families alike. With quick access to major shopping centres, restaurants, and essential amenities, it’s the ideal blend of investment performance and lifestyle convenience.Whether you’re expanding your portfolio or seeking a high-performing property in one of Kingston’s top neighbourhoods, this Reddendale gem offers both immediate income and lasting value. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13097064
  • Price: $1,239,000
  • Bedrooms: 8
  • Bathrooms: 8
  • Half Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 290115
Features & Appliances
Features
  • Heating System: Electric, Forced air, Natural gas, Baseboard heaters, Not known
  • Cooling System: Central air conditioning, Window air conditioner
  • Basement: Full
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Kingston (City SouthWest), K7M3T4
  • Street: Lakeview
  • Street Number: 53
  • Street Suffix: Avenue
  • Longitude: W77° 25' 43.2''
  • Latitude: N44° 13' 5.5''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 82 x 71.2 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 9300
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Listing updated: 2026-05-10 11:08:03
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Listing Information
  • List Agent Key: 2008764
  • List Office Key: 290115
  • Modification Timestamp: 2026-05-07T17:41:09Z
  • Originating System Name: Central Lakes Association of REALTORS®
  • Status Change Timestamp: 2026-05-07T17:32:03Z
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Listing updated: 2026-05-10 11:08:03
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