$824,999 - 364 Alfred Street, Kingston
Detached for Sale in Kingston
65 days on marketNeighbourhood: 22 - East of Sir John A. Blvd
- MLS Number
- X13086688
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kingston
- Listing Brokerage
- RE/MAX FINEST REALTY INC., BROKERAGE
Prime investment opportunity in one of Kingston's most sought-after rental locations, just steps to Queen's University, restaurants, shopping, nightlife, and everyday amenities. This spacious end-unit character home offers incredible flexibility with 6 bedrooms plus a finished attic space that could function as a seventh bedroom, office, lounge, or bonus living area. Spread across three levels, the property features large principal rooms, soaring ceilings, 2 full kitchens, and a layout perfectly suited for student housing or multi-tenant living. Currently leased to a group of 6 generating $5,840/month plus utilities, this property offers strong existing cash flow with future upside potential. Additional highlights include 2 parking spaces, basement laundry, updated electrical with copper wiring and breaker panel, and vinyl windows. A rare chance to own a high-demand income property with exceptional size, character, and long-term rental appeal in the heart of Kingston.
Estimate your monthly payments for this property
Estimated Payment
$4,232.67/mo
Includes CMHC insurance ($23,017)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 22 - East of Sir John A. Blvd
22 - East of Sir John A. Blvd is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 22 - East of Sir John A. Blvd
- •Convenient location in Kingston
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
22 - East of Sir John A. Blvd offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
364 Alfred Street, Kingston
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $412/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 65 days on site, this property has exceeded the typical selling timeline for Kingston. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Kingston are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.
About 22 - East of Sir John A. Blvd
I know 22 - East of Sir John A. Blvd well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Kingston properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,437 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.