$799,900
Est. payment $3,542/moCalculate yours
88 JOSEPH Street, Kingston, ON K7K 2H7
Rideau, Kingston, ON K7K 2H7
- 7 Beds
- 4 Baths
- 1,100 Sq Ft
Listing courtesy of EXP REALTY, BROKERAGE MLS® X13874122
About this home
Great opportunity to own a fully leased fourplex with reliable tenants and strong rentalincome. The property generates a total monthly income of $4,956, consisting of Unit 1 at$1,056/month including heat, Unit 2 at $1,200/month plus utilities, Unit 3 at $1,400/month plusutilities, and Unit 4 at $1,300/month plus utilities. Detailed financials are available byemail. The property also offers parking for 5-6 vehicles and a convenient location with only ashort commute to downtown and easy access to Highway 401. Don’t miss this excellent investmentopportunity-call today to arrange your private showing.
Property details
Overview
- Property Type
- Fourplex
- Style
- 1 Storey/Apt
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Oil)
- Cooling
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle, Cedar
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 44 x 165 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $5,009 (2026)
Location
- Neighbourhood
- Rideau
- Cross Street
- Joseph and Patrick ST
- Direction Faces
- South
Listing
- MLS® Number
- X13874122
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Flexible
- Listed By
- EXP REALTY, BROKERAGE
Features
Interior
- Water Heater
- Water Heater Owned
- Water Meter
Property
- Public Transit
- Level
- School Bus Route
- Place Of Worship
Pool
- None
- On Ground
- Included
- 4 fridges, 4 stoves, washer and dryer
- Excluded
- Tenant belongings
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,542 per month
- Principal and interest
- $3,542
- Property tax
- $417
- Condo fees
- $0
- Estimated monthly cost
- $3,959
Your mortgage
- Mortgage amount
- $639,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,615
Cash to close
- Down payment
- $159,980
- Land transfer tax
- $12,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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