307 Alfred Street, Kingston

Bedrooms: 11
Bathrooms: 7
Added: 4 weeks ago
Updated: 4 weeks ago
Last Checked: 8 hours ago
Listed by: RE/MAX RISE EXECUTIVES, BROKERAGE
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Listing description
This Other at 307 Alfred Street Kingston, ON with the MLS Number x12332319 listed by MAT CLANCY - RE/MAX RISE EXECUTIVES, BROKERAGE on the Kingston market 4 weeks ago at $1,299,000.

Incredible downtown Kingston legal 4-unit investment property seconds from Queen's University and everything else nice that Kingston has to offer. This 11 bedroom fourplex is the perfect addition to a rental portfolio offering a rare combination of stability, demand, and strong returns. The building is currently fully leased (Apt 1 $1600, Apt 2 $4100, Apt 3 $1600 and Apt 4 $2143.59) and has never been vacant - the consistent demand has been proven over the years. Owned by the same owner since 2004, this investment has paid off. Generating impressive rental yields, this property is currently bringing in over $113,000 per year with a cap rate of nearly 6%! Unit 1 features 2 good sized bedrooms, along with a full kitchen and bath. Units 2, 3, & 4, are all 3 bedroom units with cozy kitchens, multiple bathrooms, big windows and large bedrooms. The charm, walkability, and lakeside lifestyle continue to attract tenants year-round. Whether you're expanding your portfolio or entering the market, this is a prime opportunity to invest in one of Ontario's most dependable university towns. (id:1945)

Property Details Key information about 307 Alfred Street

Heating:
- Radiant heat
- Natural gas
Structure Type: Fourplex
Exterior Features: Brick

Interior Features Discover the interior design and amenities

Basement:
- Finished
- N/A
Appliances:
- Refrigerator
- Stove
- Water Heater

Exterior & Lot Features Learn about the exterior and lot specifics of 307 Alfred Street

Water Source: Municipal water
Parking Features: No Garage
Lot Size Dimensions: 27 x 116 FT

Utilities & Systems Review utilities and system installations

Sewer: Sanitary sewer

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Nearby Listings Stat Estimated price and comparable properties near 307 Alfred Street

Active listings

Min Price

$1,299,000

Max Price

$1,299,000

Avg Price

$1,299,000

Days on Market

28 days

Sold listings

Min Sold Price

$1,349,000

Max Sold Price

$1,349,000

Avg Sold Price

$1,349,000

Days until Sold

40 days

Nearby Places Nearby schools and amenities around 307 Alfred Street

Kingston Collegiate and Vocational Institute (0.6 km)
235 Frontenac St, Kingston

The Mansion (0.1 km)
506 Princess St, Kingston

Royal Angkor Restaurant (0.1 km)
523 Princess, Kingston

Darbar Restaurant (0.1 km)
479 Princess St, Kingston

Arisu Restaurant (0.3 km)
185 Division St, Kingston

Pizza Pizza (0.4 km)
414 Princess St, Kingston

VIP Chinese Restaurant (0.1 km)
528 Princess St, Kingston

The Grizzly Grill (0.4 km)
395 Princess St, Kingston

Saint Andrew's Presbyterian Church (0.6 km)
130 Clergy St E, Kingston

Saint Mary's Cathedral of the Immaculate Conception (0.7 km)
279 Johnson St, Kingston

Tim Hortons and Cold Stone Creamery (0.7 km)
312 Princess St, Kingston

Kingston Memorial Centre (0.7 km)
303 York St, Kingston

Price History

Listed

August 8, 2025

by RE/MAX RISE EXECUTIVES, BROKERAGE

For Sale

$1,299,000

307 Alfred Street, Kingston

Listing description This Other at 307 Alfred Street Kingston, ON with the MLS Number x12332319 listed by MAT CLANCY - RE/MAX RISE EXECUTIVES, BROKERAGE on the Kingston market 4 weeks ago at $1,299,000.

Nearby Listings Stat Estimated price and comparable properties near 307 Alfred Street

Nearby Places Nearby schools and amenities around 307 Alfred Street

Price History

Similar Other For Sale

Listing description
This Other at 307 Alfred Street Kingston, ON with the MLS Number x12332319 listed by MAT CLANCY - RE/MAX RISE EXECUTIVES, BROKERAGE on the Kingston market 4 weeks ago at $1,299,000.