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Noble Sahota

 Broker
Royal LePage Grand Realty, Brokerage Independently owned and operated. 30 Melanie Dr Unit # 6, Brampton, Ontario L6T 4L4 Cell: 416-889-2418Office: 416-889-2418Fax: 905-789-6200

$1,199,000
Available - For Sale
Listing ID: X12104812
392 Alfred Stre , Kingston, K7K 4H7, Frontenac


Dive into Kingston's thriving real estate market with this exceptional investment opportunity at 392 Alfred Street. Located in the sought-after Williamsville neighborhood, just steps from Princess Street, this two unit duplex with 8 total bedrooms, offers unbeatable proximity to Queen's University, Kingston transit, and local amenities. With two fully rented units. Unit 1 at $3,900/month inclusive and Unit 2 at $3,480/month inclusive, both leased until 2026 you'll enjoy guaranteed income and a solid ROI from day one. All rooms are spacious, and the property has been meticulously maintained, making this a smart and hassle-free addition to your portfolio. It is important to note that a new furnace will be installed prior to closing.
Price $1,199,000
Taxes: $5750.67
Tax Type: Annual
Occupancy: Tenant
Address: 392 Alfred Stre , Kingston, K7K 4H7, Frontenac
Postal Code: K7K 4H7
Province/State: Frontenac
Legal Description: PT LT 619 PL A12 KINGSTON CITY PT 1 & 2,
Directions/Cross Streets: Alfred Street and Jenkins Street
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 4349.00
Total Area Code:  Square Feet
Area Influences: Public Transit  
Approximatly Age: 100+
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $59,950 $119,900 $179,850 $239,800
First Mortgage $1,139,050 $1,079,100 $1,019,150 $959,200
CMHC/GE $45,562 $33,452.1 $28,536.2 $0
Total Financing $1,184,612 $1,112,552.1 $1,047,686.2 $959,200
Monthly P&I $5,845.85 $5,490.24 $5,170.14 $4,733.48
Expenses $0 $0 $0 $0
Total Payment $5,845.85 $5,490.24 $5,170.14 $4,733.48
Income Required $219,219.23 $205,884.13 $193,880.32 $177,505.45

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

$
%
Years
This calculator 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.
RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
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Noble Sahota
Broker
Dir:
416-889-2418
Bus:
416-889-2418
Fax:
905-789-6200
 
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At a Glance:
Type: Com - Investment
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style:
Lot Size: x 132.05(Feet)
Approximate Age: 100+
Tax: $5,750.67
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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