Listed by Royal Lepage Proalliance Realty, Brokerage.

355 Portsmouth Avenue is a Detached, Bungalow and is currently for Sale @ $965,000. Taxes in 2025 were $5,027.78.

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Excellent investment opportunity! This solid all brick bungalow offers two well designed units, including a bright main floor suite and a recently added secondary suite-both thoughtfully updated and fully rented. The Bungalow on 355 Portsmouth Avenue has 5 bedrooms, 4 bathrooms, and is located on a 119.04 x 61.17 ft loton < .50 acres in the community of Central City West .The main floor unit features 4 spacious bedrooms and 2 full bathrooms, a large living room with a charming brick feature wall, and a walk out to an oversized deck. The functional kitchen provides ample storage and is complemented by an attached laundry area. Recent upgrades include two renovated bathrooms, updated electrical and electrical panel, and a full repaint throughout. Generous windows in every bedroom ensure plenty of natural light. The secondary suite offers 2 main level bedrooms plus 4 additional lower level bedrooms, 2 full bathrooms, a spacious kitchen, a central living room, and its own laundry room. Three dedicated storage areas help keep belongings organized. This suite has seen extensive improvements, including a new kitchen, new bathroom and plumbing, updated electrical and electrical panel, new flooring, new windows, a new laundry centre, and fresh paint throughout. Outside, the large backyard provides a deck, mature trees, and ample space to enjoy the summer months. A double driveway accommodates parking for up to 4 vehicles. The property is ideally located in the heart of the Polson Park district-just a short walk to St. Lawrence College and steps from public transit to Queen's University. Unit 1 is rented at $3,000/month until 2027 04 30, and Unit 2 is rented at $3,900/month until 2026 08 31. Tenants pay all heat and electricity. Gross annual income: $82,800

All Carbon Monoxide Detectors, All Smoke Detectors, Stove, Refrigerators x3, Countertop range, wall oven, Washer x2, Dryer x2.

The address 355 Portsmouth Avenue was listed for sale (MLS# X12735070) on Wednesday, January 28, 2026.