442 Macdonnell Street Kingston, ON K7L 4E4
Listing Courtesy of: PropTX - IDX / Listed By: Philip Deng, Century 21 Landunion Realty Inc. Brokerage

  442 Macdonnell Street Kingston, ON K7L 4E4

Active
$2٬375٬000 (CAD)
12
BED
12
BATH
< 700
SQFT
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Description

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

MLS #:
X13778204
Taxes
$20,636(2026)
Type
Multifamily
Style
Other
County
Frontenac County
Community
14 - Central City East

Listed By

Philip Deng, Century 21 Landunion Realty Inc. Brokerage
Source
PropTX - IDX
Last checked أكتوبر 3 2026 at 8:55 صباحًا GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Baseboard
  • Other
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Electric
  • Energy: Energy Certificate: No
Garage
  • None
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CENTURY 21 Heritage Group Ltd. Brokerage

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