253 MacDonnell St
Central City East, Kingston, K7L 4C4
FOR SALE
$1,299,900
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5 + 4
BEDROOMS4
BATHROOMS2
KITCHENS12 + 9
ROOMSX12001527
MLSIDContact Us
Property Description
TURNKEY INVESTMENT OPPORTUNITY IN PRIME DOWNTOWN LOCATION! This newer built detached duplex is a perfect, low-maintenance addition to any investment portfolio. With a total of 9 bedrooms, this property features a 5-bedroom, 2-bath unit and a 4-bedroom, 2-bath unit. Located in a high-demand rental area, it's just minutes from Queens University, Princess Street, hospitals, and the Memorial Centre, ensuring a steady stream of tenants year after year.Built with top-tier construction, the home boasts an ICF foundation for superior energy efficiency and durability, 45-year asphalt shingles, and sleek black windows, soffits, and eavestroughs that add a modern touch. Each unit comes with in-suite laundry for tenant convenience, and with separate meters for water, gas, and electricity, tenants cover all utilities maximizing your bottom line.With rear parking for 2-3 cars and its unbeatable downtown location, this property is a cash-flowing, hassle-free investment in one of the most sought-after rental markets. Opportunities like this don't last long call today before it's gone!
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
33' x 119'
Fronting
West
Taxes
$7,229 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 15.39' x 11.52' | |
| Foyer | Main | 15.68' x 3.90' | |
| Kitchen | Main | 12.86' x 8.86' | |
| Dining | Main | 8.20' x 11.25' | |
| Living | Main | 11.35' x 20.11' | |
| Bathroom | Main | 9.35' x 8.46' | 4 Pc Bath |
| 2nd Br | Main | 11.22' x 11.22' | |
| 3rd Br | Main | 11.15' x 8.56' | |
| Kitchen | Main | 12.01' x 14.73' | |
| Living | Main | 7.28' x 12.76' | |
| Dining | Main | 6.73' x 12.76' | |
| Bathroom | Main | 5.28' x 5.05' | 3 Pc Bath |
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Kingston Market Statistics
Kingston Price Trend
253 MacDonnell St is a 5-bedroom 4-bathroom home listed for sale at $1,299,900, which is $535,600 (70.1%) higher than the average sold price of $764,300 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Kingston increased by $89,700 (13.3%) compared to the previous 30 day period (December 22 - January 20) and down $30,700 (3.9%) from the same time one year ago.Inventory Change
There were 4 5-bedroom homes listed in Kingston over the last 30 days (January 21 - February 19), which is down 50.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kingston typically sold ($18,666) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,654 increase compared to the previous 30 day period (December 22 - January 20) and ($4,000) 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 5-bedroom homes in Kingston over the last 30 days (January 21 - February 19) stood at 75.0%, up from 62.5% over the previous 30 days (December 22 - January 20) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Kingston stood at 35 days when successfully sold over the last 30 days (January 21 - February 19), compared to 97 days before being removed from the market upon being suspended or terminated.Listing contracted with Lpt Realty
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