Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$775,000 $4,160 est/mo Sourced by Back At You
138 Chatham Street,Kingston (East of Sir John A. Bl, ON K7K4H4
Kingston (East of Sir John A. Bl, ON K7K4H4
Shared Laundry (separate entrance)
Main Floor Bedroom 1
Main Floor Bedroom 2
Main Floor Bedroom 2
2nd Floor Bathroom
2nd Floor Bedroom 1
2nd Floor Bedroom 1
2nd Floor Bedroom 2
2nd Floor Bedroom 3
2nd Floor Bedroom 3
Bachelor Suite
Bachelor Suite
Bachelor Suite
Bachelor Suite
Parking & Storage
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:13843)
Details
| MLS # | X13679136 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 76 |
| Listing Provided By | ONE PERCENT REALTY LTD. | John Stevenson |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | UR5 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Irregular lot size |
|---|---|
| Foundation Details | Concrete |
| Fencing | Fenced yard |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4935 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Kingston (East of Sir John A. Bl |
| Postal Code | K7K4H4 |
| Listing VS Median (in K7K4H4) | |
Price: $775,000 low | high Med: $775,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $517 low | high Med: $517 On site: 76 low | high Med: 76 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Kingston (East of Sir John A. Bl |
| Postal Code | K7K4H4 |
| Listing VS Median (in K7K4H4) | |
Price: $775,000 low | high Med: $775,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $517 low | high Med: $517 On site: 76 low | high Med: 76 | |
Nearby Listings (Within 1/10 mile)
Price: $581K - $968K
sqft: 1,000 - 1,500
Listing Updated: September 28, 2026 at 8:13:12 PM PDT
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