364 Alfred Street, Kingston

Prime income-generating opportunity in a highly walkable location just a short stroll to Queen’s University and moments from everyday amenities, dining, and entertainment. This end-unit character home is zoned B3, permitting a multi-family configuration with potential for up to 7 bedrooms. The property is thoughtfully laid out across three levels, offering generous principal rooms, high ceilings, 2 full kitchens, and 2 separate living areas-ideal for student or multi-tenant use. Laundry is located in the basement, and the property includes 2 dedicated parking spaces for added rental appeal. Currently leased as a 5-bedroom unit at $5840/month plus utilities, providing flexibility for future income optimization. Key upgrades include updated electrical (copper wiring and breaker panel), vinyl windows, roof shingles replaced in 2009, and new rear steps completed in 2020.