138 Chatham Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 51 x 70.32 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
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.
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Property Summary
This duplex located at 138 Chatham Street, Kingston is currently for sale and has been available on SousaSells for 0 days. This property is listed at $775,000 with an estimated mortgage of $2,580* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 138 Chatham Street, Kingston is in the 22 - East of Sir John A. Blvd neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 22 - East of Sir John A. Blvd, Kingston.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 22 - East of Sir John A. Blvd, Kingston.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Park
- Public Transit
Interior Features
- Separate Hydro Meter
- Water Heater Owned
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 138 Chatham Street, Kingston, ON
Q.What is the asking price for 138 Chatham Street, Kingston, ON ?
The current listing price for 138 Chatham Street, Kingston, ON in 22 - East of Sir John A. Blvd, Kingston is $775,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 138 Chatham Street, Kingston, ON ?
138 Chatham Street, Kingston, ON is a Duplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 138 Chatham Street, Kingston, ON offer?
Key property features include: Fenced Yard, Park, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Water Heater Owned.
Q.What security features are installed at 138 Chatham Street, Kingston, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 138 Chatham Street, Kingston, ON K7K 4H4
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About Purchasing a Home in Kingston, ON
For a property listed at $775,000 in Kingston, the legal minimum down payment is $52,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,975 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.