53 Lakeview Avenue, Kingston, Ontario K7M 3T4

Listed for:
$1,299,000
8 beds
8 baths
Listed 2 days ago
Fourplex for rent: 53 Lakeview Avenue, Kingston, Ontario K7M 3T4

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Listing provided by:
EXP REALTY
MLS® number:
X12543278
Agent:
Michelle Kennelly
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About

Cross Streets: Front Road. ** Directions: Front Road to Lakeview Ave. Exceptional 4-Unit Investment in Reddendale - Steps from Amenities, Transit, and Schools. A rare opportunity in Kingston's highly desirable Reddendale neighbourhood! This one-of-a-kind legal 4-unit property features 6+2 bedrooms across two spacious two-level 3-bedroom units and two well-appointed 1-bedroom basement units. Currently, 3 of the 4 units are leased, generating over $65,000 in annual rental income, with the potential to live in the remaining 3-bedroom unit or rent it for an additional $30,000 per year. Designed for modern living and long-term value, each unit showcases high-end finishes including quartz countertops in every kitchen, ceramic tile bathrooms, and 9-ft ceilings on both the main floor and lower level that enhance light and space. Every unit is separately metered for electricity and water, while gas service is provided to the main-floor units-each equipped with its own high-efficiency furnace, central air conditioner, and gas hot water tank. Basement units feature owned electric hot water tanks, ensuring low-maintenance efficiency throughout. An HRV system supports healthy airflow and comfort year-round. The property offers parking for four vehicles and an unbeatable location within walking distance to Crerar Park Beach, neighbourhood parks, and a local golf course and driving range. Conveniently located near public transit routes, St. Lawrence College, Queen's University, and Kingston General Hospital, this property appeals to students, professionals, and families alike. With quick access to major shopping centres, restaurants, and essential amenities, it's the ideal blend of investment performance and lifestyle convenience. Whether you're expanding your portfolio or seeking a high-performing property in one of Kingston's top neighbourhoods, this Reddendale gem offers both immediate income and lasting value. (id:27476)

Property Highlights

MLS® Number
X12543278
Type
Multi-family
Community Name
28 - City SouthWest
Land Size
71.3 x 82 FT|under 1/2 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
8
Bedrooms Above Ground
6
Bedrooms Total
8
Amenities
Golf Nearby, Hospital, Public Transit, Schools
Exterior Finish
Vinyl siding, Stone
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning, Air exchanger

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Basement
3.7 m x 3.68 m
Kitchen
Basement
2.78 m x 4.84 m
Bedroom
Basement
3.58 m x 3.02 m
Foyer
Main level
2.23 m x 1.75 m
Kitchen
Main level
3.63 m x 2.43 m
Primary Bedroom
Main level
3.22 m x 3.83 m
Bedroom
Main level
3.6 m x 3.42 m
Bedroom
Main level
3.6 m x 3.02 m
Living room
Main level
6.88 m x 4.14 m
Dining room
Main level
3.65 m x 4.14 m
Kitchen
Main level
3.63 m x 2.43 m
Primary Bedroom
Main level
3.22 m x 3.86 m
Bedroom
Main level
3.6 m x 3.42 m
Bedroom
Main level
3.6 m x 3.02 m
Foyer
Main level
1.42 m x 2.43 m
Living room
Main level
6.88 m x 4.14 m
Dining room
Main level
3.65 m x 4.14 m

Location