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138 CHATHAM STREET, Kingston (East of Sir John A. Blvd)
2026-05-15
Quick Summary
- Location
- 138 CHATHAM STREET, Kingston (East of Sir John A. Blvd), Ontario K7K4H4
- Price
- $775,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 6
- Bathrooms:
- 3
- Garages:
- 2
MLS®#X13126954
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Public Transit
Building
- Amenities: Separate Electricity Meters
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: None
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Duplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Irregular lot size
Land
- Land Size: 51 x 70.3 FT|under 1/2 acre
- Sewer: Sanitary sewer
Structure
- Structure: Porch, Shed
Zoning
- Description: UR5
Information entered by ONE PERCENT REALTY LTD.
Listing information last updated on: 2026-05-14 14:51:44
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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John Stevenson REALTOR®
- Phone:
- 343-363-8911
- Email:
- john@JSOnePercent.ca
- Support Area:
- Napanee, Kingston, Belleville, Trenton, Quinte West, Amherstview, Bath, Picton, Prince Edward County, Shannonville, Deseronto, Tweed, Sydenham, Hay Bay, Harrowsmith, Odessa, Westbrook, Rednersville, Greater Napanee, Greater Kingston Area, Warkworth, Campbellford, Marmora
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