Welcome to this remarkable investment located in the coveted neighborhood of Central City East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,134,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Purpose-built 21-unit apartment building in Kingston offering a rare combination of scale, condition, and long-term stability in a strong rental market. Situated on a 15,360 square foot lot, the building comprises sixteen 2-bedroom units and five 1-bedroom units with stable tenancy and consistent occupancy history. Constructed in 1962 with concrete construction and attractive brick exterior, the property features an elevator servicing all four floors, terrazzo common areas, hardwood parquet flooring within units, updated entry/security system, newer roof, and recently constructed balconies. Three units have been freshly renovated, providing immediate upside and demonstrating strong rental appeal. Tenants enjoy individual air conditioning units, dedicated outdoor parking, common coin-operated laundry facilities, and individual storage lockers. Hydro is separately metered to tenants, while the building operates with efficient common gas-fired hot water heating. Current gross annual revenue for 2025 is approximately $326,000 with estimated rental upside of approximately 23% to current market levels, offering meaningful long-term income growth potential for investors. Pride of ownership is evident throughout this clean, professionally maintained asset. Excellent opportunity for investors seeking a stable multi-residential holding with strong in-place income and long-term upside in one of Eastern Ontario's most resilient rental markets. Offered at $4,134,000.
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This investment located at 287 Westdale Avenue, Kingston is currently for sale and has been available on SousaSells for 89 days. This property is listed at $4,134,000 with an estimated mortgage of $13,761* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 287 Westdale Avenue, Kingston is in the Central City East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central City East, Kingston.
First-time home buyers, professionals, or investors seeking value.
None listed
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The current listing price for 287 Westdale Avenue, Kingston, ON in Central City East, Kingston is $4,134,000.
This property features null bedrooms and null bathrooms.
287 Westdale Avenue, Kingston, ON is a Investment () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Partial.
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Central City East, Kingston
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 287 Westdale Avenue, Kingston, ON K7L 4S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kingston.
About Purchasing a Home in Kingston, ON
For a property listed at $4,134,000 in Kingston, the legal minimum down payment is $826,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $89,825 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $89,825.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Central City East, Kingston.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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