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53 Lakeview Avenue Kingston, Ontario K7M 3T4

8 Bedroom 8 Bathroom 3,500 - 5,000 ft2
Central Air Conditioning, Air Exchanger Forced Air

$1,299,000

Exceptional 4-Unit Investment in Reddendale - Steps from Amenities, Transit, and Schools. A rare opportunity in Kingston's highly desirable Reddendale neighbourhood! This one-of-a-kind legal 4-unit property features 6+2 bedrooms across two spacious two-level 3-bedroom units and two well-appointed 1-bedroom basement units. Currently, 3 of the 4 units are leased, generating over $65,000 in annual rental income, with the potential to live in the remaining 3-bedroom unit or rent it for an additional $30,000 per year. Designed for modern living and long-term value, each unit showcases high-end finishes including quartz countertops in every kitchen, ceramic tile bathrooms, and 9-ft ceilings on both the main floor and lower level that enhance light and space. Every unit is separately metered for electricity and water, while gas service is provided to the main-floor units-each equipped with its own high-efficiency furnace, central air conditioner, and gas hot water tank. Basement units feature owned electric hot water tanks, ensuring low-maintenance efficiency throughout. An HRV system supports healthy airflow and comfort year-round. The property offers parking for four vehicles and an unbeatable location within walking distance to Crerar Park Beach, neighbourhood parks, and a local golf course and driving range. Conveniently located near public transit routes, St. Lawrence College, Queen's University, and Kingston General Hospital, this property appeals to students, professionals, and families alike. With quick access to major shopping centres, restaurants, and essential amenities, it's the ideal blend of investment performance and lifestyle convenience. Whether you're expanding your portfolio or seeking a high-performing property in one of Kingston's top neighbourhoods, this Reddendale gem offers both immediate income and lasting value. (id:51158)

Property Details

MLS® Number X12543278
Property Type Multi-family
Community Name 28 - City SouthWest
Amenities Near By Golf Nearby, Hospital, Public Transit, Schools
Parking Space Total 4
Structure Deck

Building

Bathroom Total 8
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Age New Building
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning, Air Exchanger
Exterior Finish Vinyl Siding, Stone
Foundation Type Concrete
Half Bath Total 2
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3,500 - 5,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 82 Ft
Size Frontage 71 Ft ,3 In
Size Irregular 71.3 X 82 Ft
Size Total Text 71.3 X 82 Ft|under 1/2 Acre
Surface Water Lake/pond

Rooms

Level Type Dimensions
Basement Living Room 3.7 m x 3.68 m
Basement Kitchen 2.78 m x 4.84 m
Basement Bedroom 3.58 m x 3.02 m
Main Level Foyer 2.23 m x 1.75 m
Main Level Kitchen 3.63 m x 2.43 m
Main Level Primary Bedroom 3.22 m x 3.83 m
Main Level Bedroom 3.6 m x 3.42 m
Main Level Bedroom 3.6 m x 3.02 m
Main Level Living Room 6.88 m x 4.14 m
Main Level Dining Room 3.65 m x 4.14 m
Main Level Kitchen 3.63 m x 2.43 m
Main Level Primary Bedroom 3.22 m x 3.86 m
Main Level Bedroom 3.6 m x 3.42 m
Main Level Bedroom 3.6 m x 3.02 m
Main Level Foyer 1.42 m x 2.43 m
Main Level Living Room 6.88 m x 4.14 m
Main Level Dining Room 3.65 m x 4.14 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29101701/53-lakeview-avenue-kingston-city-southwest-28-city-southwest

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