392 Alfred Street

**House for Sale in Kingston: A Prime Investment Opportunity**

Welcome to the remarkable **house for sale in Kingston ** located at 392 Alfred Street, Kingston. This well-maintained, fully rented duplex presents an exceptional opportunity for investors seeking a property in one of Kingston's most vibrant and high-demand areas, specifically the Williamsville neighbourhood. With its prime location just steps away from Princess Street, this property is perfectly positioned to attract tenants and ensure a steady income stream.

The **house for sale in Kingston** boasts a generous total of 12 rooms, including an impressive 8 bedrooms. This spacious layout makes it an ideal investment for those looking to capitalise on the strong rental market in Kingston. The two kitchens provide ample space for tenants, allowing for comfortable living arrangements. Although there is no den or additional rooms, the existing layout is designed to maximise the living space available.

Situated on a lot measuring 33 X 132 feet, the **house for sale in Kingston** is a detached, two-storey brick building that exudes character and charm. With an age of over 100 years, this property has stood the test of time and offers a unique historical appeal. The exterior is well-maintained, ensuring that it remains an attractive option for potential tenants.

Inside, the property is unfurnished, providing investors with the flexibility to tailor the space according to their preferences or those of their tenants. The absence of a family room, den, or additional land may seem limiting, but the layout of the house is efficient, allowing for comfortable living without unnecessary space. Central air conditioning ensures that the property remains cool during the warmer months, while the forced air heating system provides warmth in the winter.

The **house for sale in Kingston** does not feature a pool or fireplace, which may appeal to some investors looking for lower maintenance properties. The unfinished basement presents an opportunity for future development, potentially increasing the value of the property over time. With no central vacuum system and no garage space, the property remains straightforward and easy to manage.

The utilities are well-established, with municipal water and sewer services in place. The property also benefits from high-speed internet access, a crucial feature for modern tenants who require connectivity for work or study. The private driveway accommodates up to four parking spaces, an attractive feature in a bustling area like Kingston, where parking can often be a challenge.

Currently, Unit 1 is leased at an impressive rate of £3,900 per month, while Unit 2 brings in £3,480 per month, both inclusive of utilities. Both units are under lease until 2026, providing immediate and reliable income for the new owner. This ensures a strong return on investment, making the **house for sale in Kingston** a compelling choice for both seasoned investors and those new to the property market.

In conclusion, the **house for sale in Kingston** at 392 Alfred Street, Kingston, is a prime investment opportunity that should not be overlooked. With its strategic location, strong rental income, and potential for future development, this property offers everything an investor could desire. Whether you are looking to expand your portfolio or enter Kingston's thriving real estate market, this duplex presents a unique chance to secure a solid investment with stability and cash flow from day one. Don't miss the opportunity to own this exceptional property in one of Kingston's most desirable neighbourhoods.

The area east of Sir John A. Boulevard in Kingston is a vibrant and diverse neighbourhood that offers a unique blend of residential comfort and accessibility to urban amenities. Characterised by tree-lined streets and a mix of housing styles, from charming single-family homes to modern apartments, it provides a welcoming atmosphere for families and individuals alike. The proximity to parks, schools, and local shops ensures that residents enjoy a balanced lifestyle, while easy access to public transport and major roadways makes commuting to the city centre and beyond a breeze. With its rich history and community spirit, this area is an ideal place for those seeking a tranquil yet connected living experience in Kingston.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a 2.1 km radius, you will find a mix of public and Catholic educational institutions catering to various grade levels. Central Public School (1.0 km) and Rideau Public School (0.6 km) offer strong elementary education, with ratings of 4.4 and 7.1, respectively, while Sydenham Public School (1.1 km) also provides a French immersion option. For secondary education, Loyalist Collegiate (1.8 km) and Kingston Secondary School (1.9 km) serve students in grades 9 to 12, with ratings of 4.1 and 0, respectively. Additionally, Regiopolis Notre Dame Catholic High School (0.8 km) offers a Catholic secondary education with a rating of 6.2. Families can also consider St. Thomas More Catholic School (2.1 km) for elementary education, rated at 4.5. The diverse language options, including English and French, along with the proximity to quality schools, ensure that residents have access to excellent educational opportunities for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 483 residents, with an average household size of 1.8. The community is relatively young, with an average age of 30.9 years. The average household income stands at $50,400, although a significant portion, 32%, falls under the low-income category. The real estate market shows an average property price of $540,000, with a notable 68.82% of the population being single. Families with children represent 17.65% of households, while renters dominate the housing landscape at 79.59%. Additionally, 24.49% of the housing stock consists of condominiums. The area is home to a diverse population, with 4.44% of residents being immigrants. Educational attainment is relatively high, with 58.62% of the population holding a college or university degree. However, a notable 24.14% of residents are not in the labor force, indicating potential challenges in employment opportunities. Overall, this demographic snapshot highlights a youthful, predominantly single, and renter-heavy community with a mix of educational backgrounds and economic challenges.