138 Chatham Street Kingston (East of Sir John A. Blvd), ON K7K 4H4
Listing Courtesy of:  CREA / One Percent Realty Ltd.

  138 Chatham Street Kingston (East of Sir John A. Blvd), ON K7K 4H4

Active
$775,000 (CAD)
6
BED
3
BATH

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:41440)

MLS®:
X13126954
Taxes
$4,935
Type
Multifamily
County
Frontenac County

Listed By

John Stevenson, One Percent Realty Ltd.
Source
CREA
Last checked May 14 2026 at 6:39 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Water Heater
Lot Information
  • Irregular Lot Size
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 2
  • No Garage
Stories
  • 2
Location
   
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/14/26 11:39