$1,239,000
FOR SALE

Fourplex 2-Storey

Bedrooms: 8Bathrooms: 8Lot: 81.99 x 71.16 ft
2026 Taxes: $9,300

53 Lakeview Ave
Kingston, ON K7M 3T4 | 28 - City SouthWest | Frontenac

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.
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Water Heater Owned
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13097064
Last Updated May 07, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 362610236
Legal Description PART OF LOT 146, PLAN 497 PART 1 ON PLAN 13R23070; TOGETHER WITH AN EASEMENT OVER PART LOT 146, PL 497 PART 3, 13R23070 AS IN FC387332 CITY OF KINGSTON
Taxes (2026) $9,300
Directions/Cross Streets Front St and Lakeview Ave
Neighbourhood 28 - City SouthWest
Area Frontenac
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 8
Bathrooms 8
Lot 81.99 x 71.16 ft
Exterior Vinyl Siding
Air Conditioning Central Air, Window Unit(s)
Basement Full
Garage Type None
Parking Spaces 4
Heat Source Electric
Heat Type Baseboard
Sewers Sewer

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