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What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026.
3 x Fridges, 2 x stoves, washer, dryer, 1 x hot water tank
City: Kingston
Neighborhood: East of Sir John A. Blvd
Purchase Price | $799900 |
Down Payment | $159980 |
Mortgage Insurance | $0 |
Total Mortgage | $639920 |
Mortgage Payment | $3943 |
Property Taxes | $411 |
Maintenance Fees | $0 |
Monthly Payment | $4355 |
Sold Comparables homes near 138 Chatham St, Kingston
Located at 138 Chatham St , this Kingston house is available for sale. This property was listed for $799,900 on Wed Sep 17 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Dining, Br, Br, Bathroom, Laundry, Br, Br, Br, Bathroom, Br, Kitchen, Bathroom. This property comes with 2 parking spots. 138 Chatham St, Kingston is situated in the East of Sir John A. Blvd neighbourhood.
MLS#: X12408588 · $799,900 · 5 bedroom house in East of Sir John A. Blvd, Kingston