$1,900,000
$1,989,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
231 Albert ST Kingston, ON K7L 3V4
12 Beds
4 Baths
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 14 - Central City East
MLS Listing ID X12159209
Sold Date 07/10/25
Style 2-Storey
Bedrooms 12
Annual Tax Amount $10,141
Tax Year 2025
Property Sub-Type Duplex
Property Description
Impressive duplex ideally located just steps from Queens University main campus. Resting on Albert Street south close to Union Street, this property is literally a stones throw to the Smith School of Business and other key faculty buildings. Each unit features 6 spacious bedrooms, 2 full bathrooms, efficient kitchens with dining space and separate living area. The units are finished with durable materials and exceptionally well maintained making it an ideal investment opportunity. Set on a 52 x 165 ft lot there is parking for 6 vehicles at the rear offering additional revenue and this bonus remaining lot space could allow for potential future development. Generating a gross annual income of $157,660, with tenants covering all utilities, this superb rental property in prime downtown location has never experienced vacancy and is fully rented until April 30th, 2026.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Rooms
Family Room No
Basement Partially Finished
Kitchen 2
Interior
Interior Features Other
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 52.0
Lot Depth 165.0
Total Parking Spaces 6
Building
Foundation Poured Concrete
Others
Senior Community No
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