ACTIVE
See all 25 photosACTIVE · 92 days
$775,000See Homsy estimate →
138 Chatham StreetEast of Sir John A. Blvd, Kingston, ON K7K 4H4 · Sale · MLS® X13679136
6Bedrooms
3Bathrooms
1500-2000Sq ft
2Parking
$388–$517Per sq ft
About this home
The homeTaxes$4,935/yr
Price per sq ft$388–$517
PossessionImmediate possession available
All listing details
- Description
- Excellent investment opportunity in the heart of Kingston, approximately a 15-minute walk from Queen's University and close to major bus routes. Located just north of Princess Street, this detached 6-bedroom duplex is a strong addition to any investment portfolio. The main unit offers 5 bedrooms across two levels, 2 full bathrooms, a spacious living room, and a large eat-in kitchen with updated flooring. A major bonus is the additional bachelor apartment, providing an extra income stream. Both units are separately metered and share access to on-site laundry. 2 parking spots are available to rent for additional income too. Generating $66,000 in gross annual income, this property offers an impressive cap rate of over 7.5%. Major updates include a roof replacement in 2023 and vinyl windows throughout. A proven income generator with strong rental demand, the property is currently leased until April 30th, 2027. The bachelor apartment is currently rented below market value, presenting excellent future upside potential.
- Property type
- Duplex
- Style
- 2-Storey
- Heating
- Forced Air
- Air conditioning
- None
- Basement
- Full, Unfinished
- Garage
- None
- Parking spaces
- 2
- Central vac
- N
- Bathroom
- 3.13 × 1.5 m
- Bedroom
- 4.69 × 4.05 m
- Bathroom
- 2.81 × 1.14 m
- Bedroom
- 3.44 × 2.37 m
- Bedroom
- 3.45 × 3.92 m
- Bathroom
- 1.65 × 2.64 m
- Kitchen
- 5.08 × 2.83 m
- Living Room
- 3.41 × 6.46 m
- Dining Room
- 4.45 × 1.8 m
- Bedroom
- 3.1 × 2.83 m
- Kitchen
- 3.11 × 3.21 m
- Bedroom
- 3.52 × 5.61 m
- Bedroom
- 3.53 × 3.02 m
- Laundry
- 1.9 × 1.69 m
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$411 / month
Property tax$411
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Sold nearby
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