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$775,000

Map

138 Chatham Street

22 - East of Sir John A. Blvd, Kingston, Ontario K7K4H4

For sale· Added

6 bed3 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13679136
Added
Aug 15, 2026 ()
Updated
Aug 15, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Duplex
Storeys
2

Inside

Bedrooms
6
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Features
Irregular lot size

Building

Basement
Unfinished, Full
Exterior
Vinyl siding
Foundation
Concrete
Parking
No Garage · 2 spaces
Amenities
Separate Electricity Meters

Land

Lot size
51 x 70.3 ft
Fencing
Fenced yard
Zoning
UR5

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
Pine & Hamilton
Directions
Princess St to Alfred St to Pine St to Chatham St.

Running costs

Annual property tax
$4,935

Rooms

Living roomMain level3.41 x 6.46 m
BathroomSecond level3.13 x 1.5 m
BedroomUpper Level4.69 x 4.05 m
KitchenUpper Level3.11 x 3.21 m
BathroomUpper Level2.81 x 1.14 m
KitchenMain level5.08 x 2.83 m
Dining roomMain level4.45 x 1.8 m
BedroomMain level3.45 x 3.92 m
BedroomMain level3.44 x 2.37 m
BathroomMain level1.65 x 2.64 m
Laundry roomMain level1.9 x 1.69 m
BedroomSecond level3.52 x 5.61 m
BedroomSecond level3.53 x 3.02 m
BedroomSecond level3.1 x 2.83 m

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$775,000
138 Chatham Street
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