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$775,000
Ontario,Kingston (East of Sir John A. Blvd)
For Sale Active
138 CHATHAM STREET, Kingston (East of Sir John A. Blvd), Ontario K7K4H4
  • 6
  • 3
  • 1500 - 2000Square Feet
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Basic 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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13126954
  • Price: $775,000
  • Bedrooms: 6
  • Bathrooms: 3
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 261798
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Full, Unfinished
  • Fence: Fenced yard
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Kingston (East of Sir John A. Blvd), K7K4H4
  • Street: Chatham
  • Street Number: 138
  • Street Suffix: Street
  • Longitude: W77° 30' 11.9''
  • Latitude: N44° 14' 19.9''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 51 x 70.3 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4935
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Listing updated: 2026-06-11 12:22:33
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Listing Information
  • List Agent Key: 2239424
  • List Office Key: 261798
  • Modification Timestamp: 2026-05-14T15:00:28Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-14T14:51:44Z
Powered by REALTOR.ca
Listing updated: 2026-06-11 12:22:34
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