$2,375,000
25.50 BTC
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442 Macdonnell Street, Kingston
$2,375,000
PRICE
12
BEDROOMS
12
BATHROOMS
X13778204
MLSID

442 Macdonnell Street, Kingston

Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 7 one-bedroom units and 5 efficient bachelor units. Situated in a high-demand location with easy transit access to downtown amenities and post-secondary institutions. Strong Revenue Stream: Generating a solid $182,600 in gross annual rent, plus extra income from the onsite coin-operated laundry and 3 dedicated outdoor parking spaces. Current Rent is 12% below market across the building, with room to improve. Low Owner Capital Expenditure: New roof replaced 2 years ago, offering low maintenance risk for years to come.Minimal Utility Costs: Each unit is individually metered for hydro, drastically keeping landlord utility expenses low. Key Features: Carpet-free building interior, exterior lighting, updated fire protection system, and select units with cozy gas fireplaces. An exceptionally stable, low-maintenance multi-family asset offering strong cash flow with reliable upside. Financial statements and rent roll available upon request.
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Summary

Address
442 Macdonnell Street
MLSID
X13778204
Property Type
Multiplex
Property Category
Bedrooms
12
Bathrooms
12
Kitchens
12
Taxes (Annual)
$20,636.00
Tax Year
2026
Published
September 13, 2026
Days on Market
0 Days
Possession Type
Immediate
Possession Details
Tba
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Inclusions

12 Stoves, 12 Refrigerators. New Hot water Tank(2 years), New Roof(1 year)

Exclusions

Coin Washer Dryer No need to paid rent, Tenants' Belongings

Details

Basement
None
Interior Features
None
Parking Spaces
3
Parking Total
3
Architectural Style
Other
Roof
Flat
Construction Materials
Brick
Lot Width
34 Feet
Lot Depth
67 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with CENTURY 21 LANDUNION REALTY INC.
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