$1,299,000
10.51 BTC
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53 Lakeview Avenue, Kingston
$1,299,000
PRICE
6 + 2
BEDROOMS
8
BATHROOMS
X12543278
MLSID

53 Lakeview Avenue, Kingston

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.
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Summary

Address
53 Lakeview Avenue
MLSID
X12543278
Property Type
Fourplex
Property Category
Bedrooms
6 + 2
Bathrooms
8
Kitchens
2 + 2
Taxes (Annual)
$1,935.53
Tax Year
2025
Published
November 13, 2025
Days on Market
22 Days
Possession Type
Other
Possession Details
Tbd
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Inclusions

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

Exclusions

Tenant Belongings

Details

Property Features
Golf, Hospital, Lake/Pond, Library, Public Transit, School
Bathroom 1
2-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Basement Level
Basement
Full, Finished
Exterior Features
Deck
Interior Features
Air Exchanger
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding, Stone
Lot Width
71 Feet
Lot Depth
82 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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