Listed for:Listed Sep 13, 2026
$2,375,000

442 Macdonnell Street

Kingston (Central City East), ON K7L 4E4

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 442 Macdonnell Street, Kingston, Central City East

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 442 Macdonnell Street, Kingston, Central City East

Summarized Description

  • Solid, fully-brick 12-unit residential building.
  • Turn-key investment with strong revenue stream.
  • High-demand location near downtown and schools.
  • Individually metered units for low utility costs.
  • New roof installed 2 years ago.
  • Coin-operated laundry for extra income.
  • Carpet-free interior with updated fire safety.
  • Stable, low-maintenance multi-family asset.

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

Key Facts & Features

Property Costs

Annual Property Tax Amount
$20,636
Land Transfer Tax Fee
$45,850

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Other

Construction

Exterior Finish
Brick
Roof
Flat
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
33.91 ft
Lot Depth
67.40 ft

Inclusions

Inclusions
12 Stoves, 12 Refrigerators. Hotwater Tank

Exclusions

Exclusions
Coin Washer Dryer No need to paid rent, Tenants' Belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Bedrooms
12
Washrooms
12
Kitchens
12

Washrooms

  • 3-piece

Municipality
Kingston
Neighbourhood
Central City East
Main cross streets
Princess St and MacDonnell
Directions
Princess St and MacDonnell

MLS® number
X13778204
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-13
Updated on
2026-09-18
Days on market
33 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
CENTURY 21 LANDUNION REALTY INC.

Home Market Value

Current home valuation for 442 Macdonnell Street, Kingston, Central City East, Kingston, ON. Listed for $2,375,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 442 Macdonnell Street, Kingston, Central City East

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:20.0%

20% required for homes $1.5M or more

Minimum down payment

$475,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,900,000$1,781,250$1,662,500$1,543,750
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$9,277monthly$8,697monthly$8,117monthly$7,537monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$45,850

Total Land Transfer Tax

$45,850

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