181 Alfred Street

Introducing a remarkable opportunity: a Multi-Family Home for sale in Kingston , located at 181 Alfred Street, Kingston. This exceptional property is situated in the highly sought-after area of Central City East, within the vibrant city of Kingston. The property is strategically positioned just steps away from Queen’s University Main Campus and the bustling downtown area, making it an ideal investment for those seeking a lucrative rental property in a prime location.

This impressive multiplex, boasting a 2-storey building style, features a total of 15 rooms, including an astounding 9 bedrooms, which are perfect for accommodating multiple tenants. The layout consists of two distinct units: one comprising 4 bedrooms and 1 bathroom, while the other offers 5 bedrooms and 2 bathrooms. Each unit is designed to maximise space and comfort, catering to the needs of modern renters. As a Multi-Family Home for sale in Kingston, this property is not only an attractive investment but also a functional living space for tenants.

The exterior of the property is clad in durable aluminium siding, ensuring low maintenance and longevity. The lot measures an impressive 33 feet by 165 feet, providing ample outdoor space and potential for further development at the rear, which is a significant advantage for future enhancements or expansions. While the property does not feature a pool or a garage, it offers convenient parking for up to 4 vehicles, ensuring that tenants have sufficient space for their transportation needs.

Utilities are entirely tenant-managed, which is a significant draw for investors looking for a hassle-free rental experience. The property is equipped with municipal water and sewer services, while heating is provided through a baseboard system. Although there is no air conditioning or central vacuum system, the property does benefit from reliable internet connectivity, catering to the needs of today’s tech-savvy renters.

It is important to note that the property is unfurnished, allowing tenants the freedom to personalise their living spaces. The absence of a family room and an unfinished basement may seem like drawbacks; however, these features present an opportunity for future owners to tailor the property to their specific vision. The current ownership, having maintained the property for over 20 years, reflects a deep pride in ownership that is evident throughout the premises. This Multi-Family Home for sale in Kingston is professionally managed by Axon Property Management, ensuring that it is well-maintained and appealing to prospective tenants.

The location at 181 Alfred Street, Kingston, is undoubtedly one of the property’s greatest assets. Nestled between Earl and Johnson Streets, it offers easy access to local amenities, shops, and services, making it an attractive choice for those wishing to live in a vibrant community. The high demand for rental properties in this area is a testament to its desirability, making this Multi-Family Home for sale in Kingston a sound investment for those looking to enter the rental market or expand their existing portfolio.

In summary, this property at 181 Alfred Street, Kingston, is a well-capitalised investment opportunity that should not be overlooked. With its spacious layout, prime location, and potential for development, it stands out as a premier choice for investors. The combination of nine bedrooms, two kitchens, and a large lot provides endless possibilities for generating rental income. Don’t miss your chance to acquire this Multi-Family Home for sale in Kingston—an investment that promises both immediate returns and long-term growth potential.

Central City East in Kingston is a vibrant and diverse neighbourhood that offers a unique blend of urban living and local charm. Nestled close to the heart of the city, it boasts a rich tapestry of cultural influences, reflected in its eclectic architecture and bustling streets. Residents enjoy easy access to a variety of amenities, including shops, cafes, and parks, making it an ideal spot for those who appreciate a lively atmosphere. The area is well-connected by public transport, ensuring that the wider attractions of Kingston and beyond are just a short journey away. With its dynamic community spirit and convenient location, Central City East is a welcoming place for anyone looking to make it their home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of educational needs. The closest school is Sydenham Public School, just 0.6 km away, offering both English and French instruction for grades JK to 8, with a solid school rating of 6.9. For secondary education, residents can access Loyalist Collegiate and Vocational Institute (2.1 km away) and Kingston Secondary School (2.6 km away), although the latter has a low rating of 0. Additionally, St. Thomas More Catholic School, located 2.2 km from the property, provides Catholic education for grades K to 8 with a rating of 4.5. For high school students, Regiopolis Notre Dame Catholic High School is 1.5 km away, offering both English and French programs with a respectable rating of 6.2. The area also features Ecole catholique cathedrale, a French-speaking elementary school, just 0.5 km away, though it currently holds a rating of 0. Overall, the proximity to diverse schooling options, including both public and Catholic institutions, enhances the appeal of this property for families prioritizing education.