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    For Sale - 53 Lakeview Avenue, Kingston, Ontario

    Est payment $5,950/mo
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    Views   6
    Time on Jump  10 day

    AI Summary *

    • Unique 4-unit property in a desirable neighborhood close to amenities.
    • Currently generating over $65,000 in annual rental income.
    • High-end finishes and spacious designs in all units for modern living.
    • Convenient location near parks, schools, and public transit.
    • Parking for four vehicles with easy access to shopping and essential services.




    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.
    Listing IDX13097064
    Address53 Lakeview Avenue
    CityKingston, Ontario
    Price$1,239,000
    Bed / Bath8 / 8 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Water Heater OwnedOwnership FreeholdBasement FullFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    53 Lakeview Avenue
    Kingston , Ontario
    8 8 $1,239,000
    Get more info