$1,299,000
Available - For Sale
Listing ID: X13671314
476 Albert Street , Kingston, K7L 3W3, Frontenac
| Purpose-built fourplex in a great location on Albert Street, south of Princess Street and close to Queen's Main Campus, transit, shopping, restaurants and parks. The location has consistently supported very strong rental demand, with tenants primarily being full-time Queen's University students.The building contains three 2-bedroom apartments and one 3-bedroom apartment, each with a full 4-piece bath. Exceptionally well maintained throughout, the property features a central entrance and stairwell serving all four units, common coin-operated laundry, storage spaces and four on-site parking spaces. Apartments are separately metered for ESA approved hydro meters, which is paid by the tenants. Common owner expenses are water and sewer, common-area electricity (entrance, exterior, laundry) and shared internet. Projected annual operating income is approximately $111,400, with operating expenses of approximately $11,300 and projected NOI of approximately $100,100 before repairs, maintenance, vacancy and capital expenditures. A straightforward, well-kept income property with established rental demand and limited owner-paid operating costs. There is the possibility of owner occupancy at this time. Full financials are available upon request. |
| Price | $1,299,000 |
| Taxes: | $6839.15 |
| Assessment Year: | 2026 |
| Occupancy: | Partial |
| Address: | 476 Albert Street , Kingston, K7L 3W3, Frontenac |
| Acreage: | < .50 |
| Directions/Cross Streets: | Princess St & Albert St |
| Rooms: | 10 |
| Rooms +: | 11 |
| Bedrooms: | 4 |
| Bedrooms +: | 5 |
| Family Room: | F |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Flat | Kitchen | 10.17 | 9.35 | |
| Room 2 | Flat | Living Ro | 16.4 | 11.97 | |
| Room 3 | Flat | Bedroom | 11.64 | 10 | |
| Room 4 | Flat | Bedroom | 10.66 | 10 | |
| Room 5 | Flat | Kitchen | 10 | 9.18 | |
| Room 6 | Flat | Living Ro | 16.24 | 11.81 | |
| Room 7 | Flat | Bedroom | 11.48 | 10 | |
| Room 8 | Flat | Bedroom | 10.66 | 9.84 | |
| Room 9 | Lower | Kitchen | 10 | 9.02 | |
| Room 10 | Lower | Living Ro | 15.74 | 11.64 | |
| Room 11 | Lower | Bedroom | 11.32 | 9.84 | |
| Room 12 | Lower | Bedroom | 10.5 | 9.68 | |
| Room 13 | Lower | Kitchen | 10 | 9.02 | |
| Room 14 | Lower | Bedroom | 15.74 | 11.64 | |
| Room 15 | Lower | Bedroom | 11.32 | 9.84 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Flat |
| Washroom Type 2 | 4 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 1 Storey/Apt |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
$
%
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. |
| SUTTON GROUP-MASTERS REALTY INC., BROKERAGE |
|
|
Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Style: | 1 Storey/Apt |
| Tax: | $6,839.15 |
| Beds: | 4+5 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
