442 Macdonnell Street, Kingston, ON
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Central City East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 12 Bedrooms and 12 Bathrooms with 12 functional kitchens
- Generous living space spanning < 700 sqft on a premium 33.91 x 67.4 ft lot
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 7 one-bedroom units and 5 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 $182,600 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. Financial statements and rent roll available upon request.
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Property Summary
This multiplex located at 442 Macdonnell Street, Kingston is currently for sale and has been available on SousaSells for 2 days. This property is listed at $2,375,000 with an estimated mortgage of $7,905* per month. It has 12 beds, 12 bathrooms, and is < 700 square feet. 442 Macdonnell Street, Kingston is in the Central City East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 12 bedrooms and 12 bathrooms, this home offers ample space and comfort for growing families in Central City East, Kingston.
- •12 spacious bedroom layout offering versatile living space
- •12 well-appointed bathrooms
- •< 700 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central City East, Kingston.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Kingston?
If you are looking for a house in Kingston or researching Kingston real estate for sale, this 12-bedroom multiplex at 442 Macdonnell Street, Kingston, ON offers an exceptional opportunity to buy a home in Kingston, Ontario. Whether you are a first-time Kingston home buyer or comparing active Kingston MLS® homes for sale, working with a dedicated Kingston buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Kingston Buyer Budget & Costs
Estimated mortgage: $7,905*/month*. Estimated Ontario Land Transfer Tax: $45,850. First-time Kingston home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Kingston
Frequently Asked Questions about 442 Macdonnell Street, Kingston, ON
Q.What is the asking price for 442 Macdonnell Street, Kingston, ON ?
The current listing price for 442 Macdonnell Street, Kingston, ON in Central City East, Kingston is $2,375,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 12 bedrooms and 12 bathrooms across approximately < 700 sqft.
Q.What property type and architectural style is 442 Macdonnell Street, Kingston, ON ?
442 Macdonnell Street, Kingston, ON is a Multiplex (Other) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Central City East, Kingston
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 442 Macdonnell Street, Kingston, ON K7L 4E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $2,375,000 in Kingston, the legal minimum down payment is $475,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $45,850 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $45,850.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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