789 Portsmouth Ave

FOR SALE
$1,199,900
789 Portsmouth Ave, Kingston
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
789 Portsmouth Ave
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5 + 2
BEDROOMS
4
BATHROOMS
2 + 2
KITCHENS
16 + 9
ROOMS
X11920637
MLSID
Contact Us
Property Description
Investors, take note! This incredible fourplex is a rare find in an unbeatable Kingston location, just minutes from downtown and close to Queens University, St. Lawrence College, shopping, and restaurants. The property features 2 one-bedroom units, 1 three-bedroom unit, and1 two-bedroom unit, offering a versatile mix of rental options to attract a variety of tenants with an additional source of income. Each unit is independently metered, providing excellent income potential with tenants responsible for their own utilities. Additionally, the building includes convenient coin-operated laundry, adding another revenue stream. With functional layouts and reliable rental income potential, this property is a smart addition to any portfolio. Its prime proximity to schools, amenities, and public transit ensures consistent demand and long-term value. Whether you're a seasoned investor or starting your real estate journey, this property is a must-see. **EXTRAS** Please see document section for deposit information. Schedule B to be included with all offers.
Property Details
Property Type
Detached, 3-Storey
Lot Size
60' x 150'
Fronting
East
Taxes
$3,962 (2024)
Basement
Apartment
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerBsmt10.50' x 4.99'
LaundryBsmt9.15' x 10.14'
LivingBsmt11.78' x 14.47'
KitchenBsmt10.04' x 13.12'
BrBsmt8.66' x 11.25'
BathroomBsmt5.64' x 9.55'4 Pc Bath
UtilityBsmt3.05' x 4.20'
LivingBsmt10.73' x 13.12'
KitchenBsmt9.15' x 13.12'
BrBsmt8.76' x 10.99'
BathroomBsmt9.09' x 4.95'4 Pc Bath
UtilityBsmt10.56' x 3.18'
Kingston Market Statistics
Kingston Price Trend
789 Portsmouth Ave is a 5-bedroom 4-bathroom home listed for sale at $1,199,900, which is $435,600 (57.0%) 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 Re/Max Finest Realty Inc., Brokerage
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