Well-capitalized, professionally managed 5-unit residential building ideally located directly across from Victoria Park in the heart of Kingston, just steps from Queen's University and the city's vibrant downtown core. The property features a suite mix of 2 x 2-bedroom units and 3 x 1-bedroom units, with all suites separately metered for electricity. The building currently generates approximately $93,480 in gross annual income and is professionally managed by Axon Property Management.
Address
408 Albert Street
List Price
$1,075,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Kingston
Sub-Area
14 - Central City East
Region
Frontenac
Bathrooms
5
Lot Depth
132
Lot Type
Lot
Lot Size Units
Feet
Lot Width
33
Parcel Number
360260166
Total Building Area
3000
Occupant Type
Tenant
Cross Street
Albert and Mack
MLS® Number
X13700010
Listing Brokerage
AXON REAL ESTATE BROKERAGE INC.
Postal Code
K7L 3W3
Parking Spaces
6
Tax Amount
$7,337.84
Tax Year
2026
Standard Status
Active
Board Or Association
Kingston & Area Real Estate Association
Heat Type
Baseboard
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 667 PL A12 KINGSTON CITY AS IN FR672946; S/T FR672946; KINGSTON ; THE COUNTY OF FRONTENAC
Waterfront
No
Sewer
Sanitary+Storm
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