header

$1,350,000
Available - For Sale
Listing ID: X12039082
6+2 bedroom, one of a kind legal 4-Unit investment or multi-family opportunity in Kingston's highly desirable Reddendale neighbourhood! It features two, two-level 3-bedroom units and 2 spacious 1-bedroom basement units. High-end finishes throughout include quartz countertops in every kitchen, ceramic tile in the bathrooms, and 9-ft ceilings on both the main floor and basement, creating bright, open spaces. Each unit has separately metered electricity and water, while gas is supplied to the main-floor units with separate metering. Separate high efficiency furnace & air conditioners serve the 2 main floor units. Gas hot water tanks for each main floor unit, electric hot water in the basement (all owned not rented). HRV system. Enjoy parking for four vehicles and a prime location just steps from parks, Crerar Park Beach, and only five minutes to a golf course, driving range and major shopping areas. HST Included. Currently under construction and nearing completion in May 2025. This is an excellent opportunity for investors, multi-generational living or live-in landlords in one of Kingston's premium neighbourhoods. Potential for over $100,000 annual rental income.
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $649,500 $1,299,000 $1,948,500 $2,598,000
First Mortgage $12,340,500 $11,691,000 $11,041,500 $10,392,000
CMHC/GE $339,363.75 $233,820 $193,226.25 $0
Total Financing $12,679,863.75 $11,924,820 $11,234,726.25 $10,392,000
Monthly P&I $54,306.87 $51,073.08 $48,117.46 $44,508.13
Expenses $0 $0 $0 $0
Total Payment $54,306.87 $51,073.08 $48,117.46 $44,508.13
Income Required $2,036,507.75 $1,915,240.48 $1,804,404.81 $1,669,054.89

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ONE PERCENT REALTY LTD.

53 Lakeview Aven , Kingston, K7M 3T4, Frontenac

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: 28 - City SouthWest
Style: 2-Storey
Lot Size: x 25.01(Metres)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 6+2
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


  Email Us


HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

FEATURED PROPERTIES

BESbswy