325 University Avenue, Kingston, ON
Property no longer active
This property was sold on March 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey fourplex located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 5 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 38 x 124 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater, Other
- Efficient water heating via gas
Description
A well maintained 4-unit investment property located steps from Queen's University, Downtown Kingston and all essential amenities. With a total of 9 bedrooms, the property offers an incredible opportunity for investors looking to capitalize on Kingston's strong rental market. The building is fully leased with the potential to increase the income to market rents upon tenant turnover. There is also the potential for additional bedrooms within the units. The current suite mix is 1 x 1-bed, 2 x 2-bed and 1 x 4-bed. There are also 3 parking spaces in the rear.
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Property Summary
This fourplex located at 325 University Avenue, Kingston is currently for sale and has been available on SousaSells for 512 days. This property is listed at $1,475,000 with an estimated mortgage of $4,910* per month. It has 9 beds, 5 bathrooms, and is 3500-5000 square feet. 325 University Avenue, Kingston is in the 14 - Central City East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Level, Library, Park, Public Transit, School
Interior Features
Separate Hydro Meter, Water Heater, Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 325 University Avenue, Kingston, ON K7L 3R4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $1,475,000 in Kingston, the legal minimum down payment is $295,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,975 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.