Listed for:Listed 23 days ago
$819,000

385 Alfred Street

Kingston (East of Sir John A. Blvd), ON K7K 4H6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 385 Alfred Street, Kingston, East of Sir John A. Blvd

No listing history available

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About 385 Alfred Street, Kingston, East of Sir John A. Blvd

Summarized Description

  • Excellent investment property near Queen's University.
  • Features two kitchens for versatile living arrangements.
  • Leased until April 2027 for immediate income.
  • Located close to downtown amenities and parks.
  • Offers flexibility for future rental cycles.
  • Rear parking access from the laneway.
  • Highly desirable area for student rentals.

Well-located investment property just a few blocks from Queen's University and downtown Kingston! This spacious and versatile property offers an excellent opportunity for investors looking for a strong student-rental location with convenient access to campus, downtown amenities, restaurants, shopping, and transit. The semi-detached, duplex property features two kitchens and a practical layout that provides flexibility for a variety of living arrangements. Parking is conveniently located at the rear of the property with access from the laneway. Currently leased until April 30, 2027, providing an immediate rental income opportunity. This provides the opportunity for a future owner to plan for the next rental cycle, whether continuing with student rentals or exploring other possibilities. Located in a highly desirable area close to Queen's University, downtown Kingston, parks, restaurants, shops, and everyday amenities. With its location, two kitchens, rear parking, and existing tenancy, this property offers an attractive combination of location, income potential, and future flexibility. Don't miss this opportunity to own an investment property in one of Kingston's sought-after student rental areas!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,569
Land Transfer Tax Fee
$12,855

Rental Items

Rental Equipment
HWT
Under Contract
Hot Water Heater

Basement Type
Separate Entrance, Partially Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Park, Public Transit, School

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
25.00 ft
Lot Depth
90.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
1 DRYER, 2 REFRIGERATORS, 2 STOVES, 1 WASHER, 1 DISHWASHER, 1 microwave range-hood, 1 range-hood

Exclusions

Exclusions
tenant belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Available

Bedrooms
5 + 1
Washrooms
2
Kitchens
2

Room sizes

  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Laundry—
    Basement level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Second level
  • Bedroom—
    Basement level
  • Bedroom—
    Second level
  • Bedroom—
    Third level
  • Bathroom—
    Main level
  • Bedroom—
    Second level
  • Bathroom—
    Second level

Washrooms

  • 3-piece, Main
  • 3-piece, Second

Municipality
Kingston
Neighbourhood
East of Sir John A. Blvd
Main cross streets
Princess and Elm St
Zoning
B3
Directions
Princess and Elm St

MLS® number
X13854138
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-02
Updated on
2026-10-16
Days on market
23 days
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
RE/MAX RISE EXECUTIVES, BROKERAGE

Home Market Value

Current home valuation for 385 Alfred Street, Kingston, East of Sir John A. Blvd, Kingston, ON. Listed for $819,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 385 Alfred Street, Kingston, East of Sir John A. Blvd

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kingston, ON
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $319,000 over $500K

Minimum down payment

$56,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$30,467$22,850$19,492$0
=Total mortgage
$792,137$759,950$715,642$655,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,868monthly$3,710monthly$3,494monthly$3,199monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$12,855

Total Land Transfer Tax

$12,855

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