$889,900
For sale: Detached

Prime Queen's location with an exceptional investment opportunity! This spacious 7 bedroom, 2 kitchen property offers 5 bedrooms on the main level plus 2 additional bedrooms in the lower level, providing an ideal setup for student or multi-tenant rental accommodation. Currently generating approximately $6,800/month in rental income, making this an attractive addition to any investor's portfolio. The property also features a garage and is situated in a highly sought after area close to Queen's University, downtown Kingston, shopping, restaurants and amenities. A rare opportunity to own a well-positioned income property in one of Kingston's most desirable rental locations.
Sold data
Detached homes in Kingston (Central City East) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 305 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $644,900.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 305 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (Central City East) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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