88 Joseph Street

Rideau, Kingston · MLS® X13874122

746

House · Multi-family · 17 days on market

listed by SHAWN LECLAIRE, EXP REALTY, BROKERAGE

realtor's description

Great opportunity to own a fully leased fourplex with reliable tenants and strong rentalincome. The property generates a total monthly income of $4,956, consisting of Unit 1 at$1,056/month including heat, Unit 2 at $1,200/month plus utilities, Unit 3 at $1,400/month plusutilities, and Unit 4 at $1,300/month plus utilities. Detailed financials are available byemail. The property also offers parking for 5-6 vehicles and a convenient location with only ashort commute to downtown and easy access to Highway 401. Don't miss this excellent investmentopportunity-call today to arrange your private showing.

property details

type: House, Multi-family
bedrooms: 7
bathrooms: 4
parking: 6
property tax: $5,009 / yr
days on market: 17
MLS®: X13874122

features

Level lot
School Bus
Washer
Refrigerator
Water meter
Stove

monthly cost

$3,902/mo

Mortgage $3,485 · Tax $417

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

estimated payment

$3,485/ monthly

loan $639,920

25-year amortization

down payment20% · $159,98020%+ 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: $405,606
cash to close: $159,980; down payment; transfer tax and fees not included
total paid: $1,045,526

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