53 Lakeview Avenue, Kingston, ON K7M 3T4
Kingston
Exceptional 4-Unit Investment in Reddendale - Steps from Amenities, Transit, and SchoolsA rare opportunity in Kingston's highly desirable Reddendale neighbourhood! This one-of-a-kind legal 4-unit property features 6+2 bedrooms across two spacious two-level 3-bedroom units and two well-appointed 1-bedroom basement units. Currently, 3 of the 4 units are leased, generating over $65,000 in annual rental income, with the final tenant occupying the remaining 3-bedroom unit May 15, making for an additional $30,000 per year.Designed for modern living and long-term value, each unit showcases high-end finishes including quartz countertops in every kitchen, ceramic tile bathrooms, and 9-ft ceilings on both the main floor and lower level that enhance light and space. Every unit is separately metered for electricity and water, while gas service is provided to the main-floor units-each equipped with its own high-efficiency furnace, central air conditioner, and gas hot water tank. Basement units feature owned electric hot water heaters, ensuring low-maintenance efficiency throughout. An HRV system supports healthy airflow and comfort year-round.The property offers parking for four vehicles and an unbeatable location within walking distance to Crerar Park Beach, neighbourhood parks, and a local golf course and driving range. Conveniently located near public transit routes, St. Lawrence College, Queen's University, and Kingston General Hospital, this property appeals to students, professionals, and families alike. With quick access to major shopping centres, restaurants, and essential amenities, it's the ideal blend of investment performance and lifestyle convenience.Whether you're expanding your portfolio or seeking a high-performing property in one of Kingston's top neighbourhoods, this Reddendale gem offers both immediate income and lasting value.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 53 Lakeview Avenue, Kingston, ON K7M 3T4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13097064
Listed by EXP REALTY
On market since May 7, 2026
53 Lakeview Avenue, Kingston, ON K7M 3T4 is listed for $1,239,000 CAD.
53 Lakeview Avenue, Kingston, ON K7M 3T4 has 8 bedrooms and 8 bathrooms.
53 Lakeview Avenue, Kingston, ON K7M 3T4 is a Fourplex.
53 Lakeview Avenue, Kingston, ON K7M 3T4 is in Kingston, Ontario.
53 Lakeview Avenue, Kingston, ON K7M 3T4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 53 Lakeview Avenue, Kingston, ON K7M 3T4 (MLS# X13097064). You can also send a message through the contact form on this site.
