Prime Investment Opportunity in Kingston's Vibrant Williamsville Neighbourhood! Welcome to 392 Alfred Street - a well-maintained, fully rented duplex located just steps from Princess Street in one of Kingston's most desirable and high-demand areas. This turnkey property features two spacious units offering a total of 8 bedrooms, making it an ideal addition to any investor's portfolio. OR a great investment for any parent looking to offset costs for children attending Queen's U. With unbeatable proximity to Queen's University, Kingston Transit, and local amenities, tenant demand remains strong year-round. Unit 1 is currently leased at $4055.00/month inclusive, and Unit 2 at $4100.00/month inclusive - both under lease until 2027 - ensuring immediate and reliable income with a strong return on investment. Whether you're looking to expand your portfolio or enter Kingston's thriving real estate market, this property offers location, stability, and solid cash flow from day one.
8 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $550 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 392 Alfred St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
4356
Listing & possession
Property style
2-Storey
Property class
Detached
392 Alfred St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13795220$1,099,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 392 Alfred St Compares to the Kingston Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,403
/mo
based on the purchase price of $1,099,900
$219,980 cash
$879,920 financed
$741,124 total interest
Principal54%$879,920
Interest46%$741,124
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kingston
Other 7–8 bed homes for sale in Kingston around $1.1M.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings687Homes for sale here right now.
Median vs prior 90 days−4.5%Compared with May 10 – Aug 8, 2026: prices down.
Based on 541 sales from Aug 8 – Nov 6, 2026 (581 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 392 Alfred St
How much is 392 Alfred St listed for?
392 Alfred St is listed at $1,099,900 (MLS® X13795220). Summitly updates the price as soon as the MLS® record changes.
Is $1,099,900 a good price for 392 Alfred St?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Kingston. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 392 Alfred St changed?
No — 392 Alfred St is still listed at its original asking price of $1,099,900.
How many bedrooms and bathrooms does 392 Alfred St have?
392 Alfred St has 8 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Kingston.
How much would the monthly mortgage be on 392 Alfred St?
About $5,403 a month — principal and interest on $1,099,900 with 20% down ($219,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 392 Alfred St compare with other homes in Kingston?
Its asking price of $1,099,900 is about 88% above the median sold price in Kingston over the last 90 days, $585,000, across 541 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 392 Alfred St been sold before?
Summitly has no earlier MLS® sale or lease of 392 Alfred St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 392 Alfred St?
392 Alfred St is in Kingston, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 392 Alfred St been on the market?
50 days — 392 Alfred St was listed on September 17, 2026.
What is the price per square foot of 392 Alfred St?
About $440 to $550 per square foot: the asking price of $1,099,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 392 Alfred St have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 392 Alfred St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
