$547,000
632 MACDONNELL STREET
Beds
4
Baths
2
Sqft
—
Year
—
About this home
Excellent investment opportunity in a central Kingston neighbourhood with convenient access to downtown, Queens University, and public transit. This LEGAL DUPLEX features two well-maintained units offering 2 spacious bedrooms and 1 full bathroom. Each unit is complete with washer and dryer . Both units are separately metered with tenants responsible for all utilities, providing a truly turnkey income property. The main floor unit is currently tenanted on a month-to-month basis at $1,523/month. The property sits on a deep lot with potential to add an ADU (Accessory Dwelling Unit) in the future, offering additional income possibilities. Recent updates include roof (2020), new washer and dryer in the upper unit (2020), rear exterior stairs (2025). Two owned hot water tanks and ample on-site parking complete this fantastic property. A great opportunity for investors or those looking to live in one unit and rent the other. (id:65958)
- Subtype
- Multi-family
- MLS#
- X13012076
- Area
- KINGSTON_(EAST_OF_SIR_JOHN_A._BLVD)
Cash on cash
-10.36%
Cap rate
3.82%
GRM
15.7
Break-even rent
$3,894
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.