$1,980,000
Available - For Sale
Listing ID: X10420862
187 ALFRED St , Kingston, K7L 3R8, Ontario


Welcome to this exceptionally maintained 12 bedroom legal duplex steps to Queen's main campus and the waterfront. It is a prime student rental investment opportunity with a current income of $129,456. Unit 187A is leased at $5,562/mth + utilities, and 187B is leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). Each spacious 2-storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second-storey laundry. Many upgrades including a new metal roof (2021), and flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24-hour notice is needed for all showings.
Price $1,980,000
Taxes: $9346.60
Address: 187 ALFRED St , Kingston, K7L 3R8, Ontario
Lot Size: 28.00 x 165.00 (Feet)
Acreage: < .50
Directions/Cross Streets: Johnson Street to Alfred Street. S
Rooms: 24
Bedrooms: 6
Bedrooms +:
Kitchens: 2
Family Room: N
Basement: Crawl Space, Unfinished
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 3000-3500
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: A
Utilities-Telephone: A
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY, BROKERAGE
Personal Picture
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: Central City East
Style: 2-Storey
Lot Size: 28.00 x 165.00(Feet)
Approximate Age:
Tax: $9,346.6
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years