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Royal LePage
Royal LePage
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$799,900

Kingston (East Of Sir John A. Blvd) ON, K7K 4H4

MLS® # X12408588

Property Information:

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. (id:7525)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+1
  • Bathrooms: 3
  • Amenities Nearby: Park, Public Transit
  • Features: Irregular lot size
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 70.3 Feet
  • Lot Frontage: 51.0 Feet
  • Lot Size: 51 x 70.3 FT
  • Structure Type: Porch, Shed
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom 2nd Level 3.13 m x 1.50 m
  • Bedroom 2nd Level 3.52 m x 5.61 m
  • Bedroom 2nd Level 3.53 m x 3.02 m
  • Bedroom 2nd Level 3.10 m x 2.83 m
  • Living Main Level 3.41 m x 6.46 m
  • Kitchen Main Level 5.08 m x 2.83 m
  • Dining Main Level 4.45 m x 1.80 m
  • Bedroom Main Level 3.45 m x 3.92 m
  • Bedroom Main Level 3.44 m x 2.37 m
  • Bathroom Main Level 1.65 m x 2.64 m
  • Laundry Main Level 1.90 m x 1.69 m
  • Bedroom Upper Level 4.69 m x 4.05 m
  • Kitchen Upper Level 3.11 m x 3.21 m
  • Bathroom Upper Level 2.81 m x 1.14 m

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⚠ Potential Investment Performance

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Location of 138 CHATHAM STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4H4

Demographic Information of 138 CHATHAM STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4H4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$92,361.56

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.07 %

High school certificate or equivalent

33.86 %

Apprenticeship trade certificate/diploma

3.07 %

College/non-university certificate

18.35 %

University certificate (below bachelor)

0.58 %

University Degree

30.07 %

Commuter

Travel To Work

By Car

57.61 %

By Public Transit

9.12 %

By Walking

25.07 %

By Bicycle

3.63 %

By Other Methods

4.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.18 %

Houses

49.82 %

Own Vs. Rent

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