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 6 one-bedroom units and 6 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 $186600 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)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X13778214 |
| 房源类型 | Multi-family |
| 社区名字 | 14 - Central City East |
| 总车位 | 3 |
详 情
| 家电类 | Water Heater |
| 空调 | 没有 |
| 供暖类型 | Baseboard Heaters |
| Size Exterior | 1883.68 Sqft |
| 内部尺寸 | 1884 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地深度 | 67 Ft ,4 In |
| 土地宽度 | 33 Ft ,10 In |
| 不规则大小 | Bldg=33.91 X 67.4 Ft |
| 规划描述 | C4-h(t1) |
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 18 2026 02:02:40
