ON > Kingston (city Southwest) > 28 - City Southwest
Kingston (city Southwest), ON K7M3T4,53 LAKEVIEW AVENUE
Kingston (city Southwest), ON K7M3T4,53 LAKEVIEW AVENUE
Kingston (city Southwest), ON K7M3T4,53 LAKEVIEW AVENUE
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Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$1,299,000
Est. payment /mo
8 Beds
8 Baths
3,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $371

Subdivision 28 - City Southwest

MLS® Listing ID X12543278

Bedrooms 8

Half Baths 2

Source Central Lakes Association of REALTORS®

Property Description

Exceptional 4-Unit Investment in Reddendale - Steps from Amenities, Transit, and Schools. A 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 potential to live in the remaining 3-bedroom unit or rent it 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 tanks, 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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Basement 3.7 m X 3.68 m Living room

Extra Room 2 Basement 2.78 m X 4.84 m Kitchen

Extra Room 3 Basement 3.58 m X 3.02 m Bedroom

Extra Room 4 Main level 2.23 m X 1.75 m Foyer

Extra Room 5 Main level 3.63 m X 2.43 m Kitchen

Extra Room 6 Main level 3.22 m X 3.83 m Primary Bedroom

Interior

Heating Forced air

Cooling Central air conditioning, Air exchanger

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Muhamed Awada

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

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