88 JOSEPH STREET, Kingston (Rideau)
$799,900
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 7 bedrooms, 4 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13874122
- Neighbourhood
- Rideau
Great opportunity to own a fully leased fourplex with reliable tenants and strong rentalincome. The property generates a total monthly income of $4,956, consisting of Unit 1 at$1,056/month including heat, Unit 2 at $1,200/month plus utilities, Unit 3 at $1,400/month plusutilities, and Unit 4 at $1,300/month plus utilities. Detailed financials are available byemail. The property also offers parking for 5-6 vehicles and a convenient location with only ashort commute to downtown and easy access to Highway 401. Don't miss this excellent investmentopportunity-call today to arrange your private showing.
Sold data
Homes in Rideau — recent sold market
Homes in Rideau took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $450,000.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 23
- Median sale price
- $450,000
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 13%
Based on 83 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
Schools in Kingston (Rideau)
Kingston (Rideau) 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 (Rideau)
- 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
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