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53 LAKEVIEW AVENUE, Kingston (City SouthWest)
2025-11-14
Quick Summary
MLS®#X12543278
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Hospital, Public Transit, Schools
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
- Fireplace: No
- Interior Size: 3500 - 5000 sqft
- Building Type: Fourplex
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 71.3 x 82 FT|under 1/2 acre
- Sewer: Sanitary sewer
Structure
- Structure: Deck
Information entered by EXP REALTY
Listing information last updated on: 2025-11-13 23:21:21
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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