For sale 50$775,000
138 Chatham Street
22 - East of Sir John A. Blvd, Kingston, Ontario K7K4H4
For sale· Added
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 room | Main level | 3.41 x 6.46 m |
| Bathroom | Second level | 3.13 x 1.5 m |
| Bedroom | Upper Level | 4.69 x 4.05 m |
| Kitchen | Upper Level | 3.11 x 3.21 m |
| Bathroom | Upper Level | 2.81 x 1.14 m |
| Kitchen | Main level | 5.08 x 2.83 m |
| Dining room | Main level | 4.45 x 1.8 m |
| Bedroom | Main level | 3.45 x 3.92 m |
| Bedroom | Main level | 3.44 x 2.37 m |
| Bathroom | Main level | 1.65 x 2.64 m |
| Laundry room | Main level | 1.9 x 1.69 m |
| Bedroom | Second level | 3.52 x 5.61 m |
| Bedroom | Second level | 3.53 x 3.02 m |
| Bedroom | Second level | 3.1 x 2.83 m |
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