442 Macdonnell Street Kingston (Central City East), Ontario K7L 4E4
$2,375,000
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. CMHC Mortgage is transferable with certain conditions. The Loan loan term ends in 2029 (id:43681)
房源概要
| MLS® Number | X13778204 |
| 房源类型 | Multi-family |
| 社区名字 | 14 - Central City East |
| 总车位 | 3 |
详 情
| 浴室 | 12 |
| 地上卧房 | 12 |
| 总卧房 | 12 |
| 家电类 | Water Heater, Two 炉子s, Two 冰箱s |
| 地下室类型 | 没有 |
| 外墙 | 砖 |
| 地基类型 | 混凝土 |
| 供暖方式 | 电 |
| 供暖类型 | Baseboard Heaters |
| 内部尺寸 | 0 - 699 Sqft |
| 类型 | Other |
| 设备间 | 市政供水 |
车 位
| 没有车库 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 67 Ft ,4 In |
| 土地宽度 | 33 Ft ,10 In |
| 不规则大小 | 33.9 X 67.4 Ft |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Toronto Real Estate Board
Century 21 Landunion Realty Inc.
September 17 2026 05:05:49
