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David Johanns

david@homewithjohanns.com +1(416) 436-3441

$ 1,299,000

Est. payment -/mo

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53 Lakeview AVE Kingston, ON K7M 3T4

8 Beds

8 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 28 - City Southwest

MLS Listing ID X12543278

Style 2-Storey

Bedrooms 8

Annual Tax Amount $1,935

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Frontenac

Community 28 - City Southwest

Area Frontenac

Rooms

Family Room No

Basement Full, Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Air Exchanger

Cooling Central Air

Inclusions 2x Washer, 2x Dryer, 2x Stackable Washer & Dryer, 4 Fridges, 4 Stoves, 2 Dishwasher

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 71.32

Lot Depth 82.04

Total Parking Spaces 4

Building

Building Age New

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/53_lakeview_ave_kingston_on

Listed by EXP REALTY

David Johanns

Agent

+1(416) 436-3441

David Johanns

53 Lakeview AVE Kingston, ON K7M 3T4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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53 Lakeview AVE