$1,099,900
For sale: Detached

Prime Investment Opportunity in Kingston's Vibrant Williamsville Neighbourhood! Welcome to 392 Alfred Street - a well-maintained, fully rented duplex located just steps from Princess Street in one of Kingston's most desirable and high-demand areas. This turnkey property features two spacious units offering a total of 8 bedrooms, making it an ideal addition to any investor's portfolio. OR a great investment for any parent looking to offset costs for children attending Queen's U. With unbeatable proximity to Queen's University, Kingston Transit, and local amenities, tenant demand remains strong year-round. Unit 1 is currently leased at $4055.00/month inclusive, and Unit 2 at $4100.00/month inclusive - both under lease until 2027 - ensuring immediate and reliable income with a strong return on investment. Whether you're looking to expand your portfolio or enter Kingston's thriving real estate market, this property offers location, stability, and solid cash flow from day one.
Sold data
Detached homes in Kingston (East of Sir John A. Blvd) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 286 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 $645,000.
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 22% of sellers reduced their price before finding a buyer.
Based on 286 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (East of Sir John A. Blvd) 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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