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442 Macdonnell Street
14 - Central City East Kingston K7L 4E4

$2,375,000 /For Sale
Commercial

Main Photo: 442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
Photo 1: 442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
Photo 2: 442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
Photo 3: 442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
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Photo 46: 442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13778214
Bus Major:
Apts - 6 To 12 Units
Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 7 one-bedroom units and 5 efficient bachelor units. Situated in a high-demand location with easy transit access to downtown amenities and post-secondary institutions. Strong Revenue Stream: Generating a solid $182,600 in gross annual rent, plus extra income from the onsite coin-operated laundry and 3 dedicated outdoor parking spaces. Current Rent is 12% below market across the building, with room to improve. Low Owner Capital Expenditure: New roof replaced 2 years ago, offering low maintenance risk for years to come.Minimal Utility Costs: Each unit is individually metered for hydro, drastically keeping landlord utility expenses low. Key Features: Carpet-free building interior, exterior lighting, updated fire protection system, and select units with cozy gas fireplaces. An exceptionally stable, low-maintenance multi-family asset offering strong cash flow with reliable upside. Financial statements and rent roll available upon request.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1884 sq. ft. Square Feet
Total Area:
1,883.68 sq. ft.
Lot Depth:
67'5"
Lot Frontage:
33'11"
Water supply:
Municipal
Zoning:
C4-H(t1)
Heating type:
Baseboard
Survey Available:
No
Garage:
None
Parking Spaces:
3
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$20,636 / 2026
Assessment:
$- / 2025
Frontenac
Kingston
14 - Central City East
12 Stoves, 12 Refrigerators. New Hot water Tank(2 years), New Roof(1 year)
Coin Washer Dryer No need to paid rent, Tenants' Belongings
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Actual
Hydro Expenses:
$11,242.09
Insurance Expenses:
$8,749.21
Tax Expenses:
$16,781.43
Operating Expenses:
$12,858.72
Year Expenses:
49630
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Outside Storage:
No
Date Listed:
Sep 14, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 LANDUNION REALTY INC.
Data was last updated September 14, 2026 at 02:15 PM (UTC)
DARYL  KING
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2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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