Prime Investment Opportunity in Kingston's Vibrant Williamsville Neighbourhood! Welcome to 392 Alfred Street - a well-maintained, fully rented duplex located just steps from Princess Street in one of Kingston's most desirable and high-demand areas. This turnkey property features two spacious units offering a total of 8 bedrooms, making it an ideal addition to any investor's portfolio. OR a great investment for any parent looking to offset costs for children attending Queen's U. With unbeatable proximity to Queen's University, Kingston Transit, and local amenities, tenant demand remains strong year-round. Unit 1 is currently leased at $4055.00/month inclusive, and Unit 2 at $4100.00/month inclusive - both under lease until 2027 - ensuring immediate and reliable income with a strong return on investment. Whether you're looking to expand your portfolio or enter Kingston's thriving real estate market, this property offers location, stability, and solid cash flow from day one.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
2000-2500
Lot Depth:
132'40.2 m
Lot Frontage:
33'10.1 m
Lot Shape:
Rectangular
Direction Faces:
West
Bedrooms:
8+0
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
0
Bedrooms Above Grade:
8
Bedrooms Below Grade:
0
Kitchens Above Grade:
2
Rooms Above Grade:
12
Rooms Below Grade:
0
Fractional Ownership:
No
Zoning:
URM.7
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$6,245.15 /
2026
Assessment:
$- /
-
Frontenac
Kingston
22 - East of Sir John A. Blvd
Public Transit, Park, Place Of Worship, School, School Bus Route
Other
Carbon Monoxide Detectors, Smoke Detector
Hot Water Heater.
STOVE (X2), Refrigerator (X2), DISHWASHER; WASHER and DRYER
Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
Data was last updated September 24, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$499,900
Min list price:
$225,900
Max list price:
$1,099,900
Avg days on market:
57
Min days on market:
2
Max days on market:
728
These statistics are generated based on the current listing's property type
and located in
22 - East of Sir John A. Blvd. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.