$775,000
FOR SALE

Duplex 2-Storey

Bedrooms: 6Bathrooms: 3Lot: 51 x 70.32 ft
2025 Taxes: $4,935

138 Chatham St
Kingston, ON K7K 4H4 | 22 - East of Sir John A. Blvd | Frontenac

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.
Extras
Separate Hydro Meter, Water Heater Owned
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Listed By ONE PERCENT REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13126954
Last Updated May 14, 2026
Property Summary
Property Type Duplex

More like this:
PIN 360700132
Legal Description LT 24 BLK PP CON 1 KINGSTON PT 1, 13R2526; KINGSTON;THE COUNTY OF FRONTENAC
Possession Date Immediate possession available
Taxes (2025) $4,935
Directions/Cross Streets Pine & Hamilton
Neighbourhood 22 - East of Sir John A. Blvd
Area Frontenac
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 6
Bathrooms 3
Lot 51 x 70.32 ft
Exterior Vinyl Siding
Air Conditioning None
Basement Full, Unfinished
Garage Type None
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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