408 Albert Street
408 Albert Street
$1,075,000
$358/sq ft · 1 days on market
About This Listing
Well-capitalized, professionally managed 5-unit residential building ideally located directly across from Victoria Park in the heart of Kingston, just steps from Queen's University and the city's vibrant downtown core. The property features a suite mix of 2 x 2-bedroom units and 3 x 1-bedroom units, with all suites separately metered for electricity. The building currently generates approximately $93,480 in gross annual income and is professionally managed by Axon Property Management.
| Monthly Mortgage (P&I) | $4,684 |
| Property Tax (MLS) | $611 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,295 |
Down payment: $215,000 (20.0%) · Mortgage: $860,000
Property tax uses MLS annual tax of $7,338/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by AXON REAL ESTATE BROKERAGE INC.
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Data last updated: August 23, 2026 at 12:26 p.m.