143-145 ORDNANCE STREET, Kingston (East of Sir John A. Blvd)

$898,000

For sale: Multiplex

Multiplex at 143-145 ORDNANCE STREET, Kingston (East of Sir John A. Blvd)
Property type
Fourplex
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13827578
Neighbourhood
22 - East of Sir John A. Blvd

Welcome to 143-145 Ordnance Street - a well-maintained fourplex in Kingston's sought-after Inner Harbour neighbourhood. Ideally situated within walking distance of Queen's University and just steps from downtown Kingston's restaurants, amenities, waterfront, and year-round events, this property offers an excellent opportunity to own a multi-unit investment in a highly desirable rental location. The property features four bright and efficiently designed one-bedroom units, each offering comfortable living spaces and functional layouts. The main-floor units feature open-concept living and kitchen areas with large south-facing windows, 3pc bathrooms, and access to their own private rear decks. The upper-level units are equally bright and inviting, with bedrooms positioned at the front of the home, 4pc bathrooms, and central living and kitchen areas overlooking the rear of the property. Tenants are responsible for their own utilities, with the exception of natural gas heat, helping to keep operating expenses manageable. The property also offers four dedicated parking spaces plus one additional bonus parking space, providing flexibility for owner use or the potential to generate additional rental income. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or simply add a well-positioned multi-unit property to your holdings, 143-145 Ordnance Street presents a compelling opportunity in the heart of Kingston.

Sold data

Homes in East Of Sir John A Blvd — recent sold market

Homes in East Of Sir John A Blvd took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 48, across 148 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $499,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$499,900
Sale-to-list ratio
97.4%
Sold above asking
18%

Based on 148 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kingston (East of Sir John A. Blvd)

Kingston (East of Sir John A. Blvd) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (East of Sir John A. Blvd)

  • R Gordon Sinclair — elementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulin — elementary, KingstonFraser rating 7.8/10
  • Rideau — elementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivan — elementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybon — elementary, KingstonFraser rating 7.7/10
  • Winston Churchill — elementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 143-145 ORDNANCE STREET