216 Alfred Street

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$1,250,000

216 Alfred Street

Central City East, Kingston · MLS® X13871116

722

House · Single Family · 17 days on market

listed by ELLA WANG, RE/MAX FINEST REALTY INC., BROKERAGE

realtor's description

Great South Side student rental just steps from Queen's University. Currently configured as a 7-bedroom property with spacious common areas designed for student living and strong rental appeal. This well-located investment offers excellent proximity to campus, transit, and downtown amenities, making it highly attractive to students year after year. The property is fully rented until April 30, 2027, providing immediate and stable rental income for investors seeking a turnkey addition to their portfolio. A rare opportunity to own a high-demand student rental in one of Kingston's most sought-after university neighbourhoods.

property details

type: House, Single Family
bedrooms: 7
bathrooms: 2
parking: 2
property tax: $8,054 / yr
days on market: 17
MLS®: X13871116

features

Washer
Refrigerator
Stove
Dryer
Water Heater

monthly cost

$6,117/mo

Mortgage $5,446 · Tax $671

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,446/ monthly

loan $1,000,000

25-year amortization

down payment20% · $250,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $633,839
cash to close: $250,000; down payment; transfer tax and fees not included
total paid: $1,633,839

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.