$1,075,000
For sale: Multiplex

Investors, take note! This well-maintained four-unit building is ideally located in Kingston's sought-after Reddendale neighbourhood. With four spacious two-bedroom units, generous parking and a long-standing rental history, this property offers an established multi-residential opportunity in a highly desirable setting. Each unit features a spacious two-bedroom, one-bathroom layout with in-suite laundry. The two lower-level units offer full walkouts, while the upper units feature private decks. Each unit includes two designated parking spaces. The property has been maintained and updated over the years, with improvements including a shingled roof, cedar decks, vinyl windows, flooring, paint and more. Reddendale is a well-established neighbourhood known for its attractive residential setting and convenient access to Lake Ontario, parks, schools, walking routes and everyday amenities. Residents enjoy easy access to the waterfront and nearby green spaces, while public transit and convenient road connections provide access to downtown Kingston and surrounding areas. The neighbourhood offers a desirable balance of established community character, outdoor amenities and urban convenience. The property's spacious layouts, ample parking, established occupancy history and desirable location make this a compelling four-unit offering in one of Kingston's sought-after neighbourhoods.
Sold data
Multiplex homes in Kingston (City SouthWest) took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 59, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $799,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 47 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (City SouthWest) 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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