632 MacDonnell Street, Kingston

Price: $547,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X13012076

Excellent investment opportunity in a central Kingston neighbourhood with convenient access to downtown, Queens University, and public transit. This LEGAL DUPLEX features two well-maintained units offering 2 spacious bedrooms and 1 full bathroom. Each unit is complete with washer and dryer . Both units are separately metered with tenants responsible for all utilities, providing a truly turnkey income property. The main floor unit is currently tenanted on a month-to-month basis at $1,523/month. The property sits on a deep lot with potential to add an ADU (Accessory Dwelling Unit) in the future, offering additional income possibilities. Recent updates include roof (2020), new washer and dryer in the upper unit (2020), rear exterior stairs (2025). Two owned hot water tanks and ample on-site parking complete this fantastic property. A great opportunity for investors or those looking to live in one unit and rent the other.

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$547,000 - 632 MacDonnell Street, Kingston

Multi-Family for Sale in Kingston

84 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

4Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
X13012076
Property Type
Multi-Family
Status
active
Days on Site
84
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kingston
Listing Brokerage
EXP REALTY, BROKERAGE
Description

Excellent investment opportunity in a central Kingston neighbourhood with convenient access to downtown, Queens University, and public transit. This LEGAL DUPLEX features two well-maintained units offering 2 spacious bedrooms and 1 full bathroom. Each unit is complete with washer and dryer . Both units are separately metered with tenants responsible for all utilities, providing a truly turnkey income property. The main floor unit is currently tenanted on a month-to-month basis at $1,523/month. The property sits on a deep lot with potential to add an ADU (Accessory Dwelling Unit) in the future, offering additional income possibilities. Recent updates include roof (2020), new washer and dryer in the upper unit (2020), rear exterior stairs (2025). Two owned hot water tanks and ample on-site parking complete this fantastic property. A great opportunity for investors or those looking to live in one unit and rent the other.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,806.39/mo

Includes CMHC insurance ($15,261)

$
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5%10%50%

5-yr fixed avg.

Principal: $492,300Interest: $334,357
Mortgage Amount$507,561
Total Interest$334,357
Est. Property Tax$387/mo
Total Cost$841,918

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.

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Neighbourhood Guide: 22 - East of Sir John A. Blvd

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

632 MacDonnell Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$387
Insurance (est.)-$114
Net Cash Flow+$2,699

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $497/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 84 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kingston. Good resale value as demand remains consistent.

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 $2,279 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    632 MacDonnell Street, Kingston | $547,000 | Battaglia Team