$2,375,000
( $1260.83Per Sq Foot )
 $12,750 est/mo Sourced by Back At You

442 Macdonnell Street,Kingston, ON K7L 4E4

Kingston, ON K7L 4E4

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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

Details

MLS #X13778214
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site49
Listing Provided ByCENTURY 21 LANDUNION REALTY INC. | X13778214 227700

Features

SQ Feet1,883
Acreage0.04

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount20636
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyFrontenac
CityKingston
Postal CodeK7L 4E4
Area14 Central City East
Listing VS Median (in K7L 4E4)
Price:
$2,375,000
low | high
Med:
$2,375,000
50% of Average
sqft:
1,883
low | high
Med:
1,883
50% of Average
$ / sqft:
$1,261
low | high
Med:
$1,261
50% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

BRYNA RABISHAW

BRYNA RABISHAW

Coldwell Banker The Real Estate Centre

 (647) 355-5144bryna@rabishawrealtor.ca
ProvinceON
CountyFrontenac
CityKingston
Postal CodeK7L 4E4
Area14 Central City East
Listing VS Median (in K7L 4E4)
Price:
$2,375,000
low | high
Med:
$2,375,000
50% of Average
sqft:
1,883
low | high
Med:
1,883
50% of Average
$ / sqft:
$1,261
low | high
Med:
$1,261
50% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:28:29 AM PDT

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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