187 ALFRED St
Central City East, Kingston, K7L 3R8
FOR SALE
$1,980,000
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6
BEDROOMS4
BATHROOMS2
KITCHENS24
ROOMSX10420862
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Property Description
Welcome to this exceptionally maintained 12 bedroom legal duplex steps to Queen's main campus and the waterfront. It is a prime student rental investment opportunity with a current income of $129,456. Unit 187A is leased at $5,562/mth + utilities, and 187B is leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). Each spacious 2-storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second-storey laundry. Many upgrades including a new metal roof (2021), and flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24-hour notice is needed for all showings.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-24 | 2024-11-13 | 50 | $2,050,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2023-11-28 | 2023-12-19 | 21 | $2,175,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2024-01-31 | 2024-03-31 | 60 | $2,125,000 | - | Expired |
2023-12-20 | 2024-01-31 | 42 | $2,125,000 | - | Terminated |
2023-11-28 | 2023-12-19 | 21 | $2,175,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
28' x 165'
Acreage
< .50
Fronting
East
Taxes
$9,347 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.75' x 10.99' | |
Dining | Main | 9.68' x 8.33' | |
Kitchen | Main | 18.14' x 8.76' | |
Bathroom | Main | 7.35' x 5.68' | 4 Pc Bath |
Prim Bdrm | Main | 9.51' x 11.25' | |
2nd Br | Main | 9.51' x 11.25' | |
Laundry | 2nd | 6.33' x 6.00' | |
3rd Br | 2nd | 12.01' x 10.60' | |
4th Br | 2nd | 8.14' x 11.42' | |
5th Br | 2nd | 8.14' x 11.42' |
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Kingston Market Statistics
Kingston Price Trend
187 ALFRED St is a 6-bedroom 4-bathroom home listed for sale at $1,980,000, which is $1,036,526 (109.9%) higher than the average sold price of $943,474 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 6 bedroom home in Kingston declined by $56,526 (5.7%) compared to the previous 30 day period (September 22 - October 21) and up $73,574 (8.5%) from the same time one year ago.Inventory Change
There were 6 6-bedroom homes listed in Kingston over the last 30 days (October 22 - November 20), which is down 14.3% compared with the previous 30 day period (September 22 - October 21) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Kingston typically sold ($31,535) (3.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $25,285 decrease compared to the previous 30 day period (September 22 - October 21) and $0 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Kingston over the last 30 days (October 22 - November 20) stood at 1,166.7%, up from 28.6% over the previous 30 days (September 22 - October 21) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Kingston stood at 28 days when successfully sold over the last 30 days (October 22 - November 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty, Brokerage
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