For Sale: 138 Chatham Street, Kingston, ON - REW
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$775,000
6 bd • 3 ba • 1500 - 2000 sf • Duplex
138 Chatham Street
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$775,000
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138 Chatham StreetKingston, ON, K7K 4H4

  • 6 Bed
  • 3 Bath
  • 1500 - 2000 Sqft
  • Duplex

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.
Listed by: John Stevenson, Salesperson, ONE PERCENT REALTY LTD.

Home facts and features

Price details
List Price
$775,000
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Gross Taxes for 2025
$4,935
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
2
Parking Details
Front Yard Parking
Property Type
Duplex
Lot Size
51 ft x 70 ft (3586 ft²)
Depth
70.32
Frontage
51.0
Year Built
100 - 2026 yrs old
Exterior Finish
Vinyl Siding
Heating Type
Forced Air, Gas
Basement Details
Full, Unfinished
Features
Fenced Yard, Park, Porch, Public Transit, Year Round Living
Agent details
Primary Agent
John Stevenson
Primary Broker
ONE PERCENT REALTY LTD.
Listing details
Days on REW
24 Days
MLS® Number
X13126954
Source
Toronto Real Estate Board
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Property Insights

Regiopolis/Notre-Dame Catholic High School
  • Catholic
  • 9 - 12
St Patrick Catholic School
  • Catholic
  • JK - 8
Rideau Public School
  • Public
  • JK - 8
Cathedrale Catholic School
  • Catholic
  • JK - 8
Central Public School
  • Public
  • JK - 8
St Peter Catholic School
  • Catholic
  • JK - 8
St Joseph School
  • Catholic
  • JK - 5
Kingston Collegiate
  • Public
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 8
Sydenham Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
John Stevenson
Phone:
343-363-8911
Office:
888-966-3111
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