Listed for:Listed Aug 15, 2026
$775,000

138 Chatham Street

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

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 138 Chatham Street, Kingston, East of Sir John A. Blvd

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 138 Chatham Street, Kingston, East of Sir John A. Blvd

Summarized Description

  • Excellent investment opportunity in Kingston.
  • Detached duplex with 6 bedrooms and 2 full bathrooms.
  • Includes an additional bachelor apartment for income.
  • Updated flooring in the large eat-in kitchen.
  • Roof replaced in 2023 with vinyl windows.
  • Generates $66,000 gross annual income.
  • Cap rate exceeds 7.5%, strong rental demand.
  • Currently leased until April 2027, below market value.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,935
Land Transfer Tax Fee
$11,975

Rental Items

Rental Equipment
1x HWT

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Hydro Meter, Water Heater Owned
View
Park/Greenbelt
Security Features
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Porch, Year Round Living
Pool
None
Property Features
Fenced Yard, Park, Public Transit
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
51.00 ft
Lot Depth
70.32 ft
Lot Shape
Irregular

Inclusions

Inclusions
3 x Fridges, 2 x stoves, washer, dryer, 1 x hot water tank

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
6
Washrooms
3
Kitchens
2

Room sizes

  • Bathroom—
    Second level
  • Bedroom—
    Upper level
  • Bathroom—
    Upper level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Bedroom—
    Second level
  • Kitchen—
    Upper level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Laundry—
    Main level

Washrooms

  • 3-piece, Main
  • 4-piece, Second
  • 3-piece, Second

Municipality
Kingston
Neighbourhood
East of Sir John A. Blvd
Main cross streets
Pine & Hamilton
Zoning
UR5
Directions
Princess St to Alfred St to Pine St to Chatham St

MLS® number
X13679136
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-15
Updated on
2026-08-15
Days on market
62 days
Possession type
Immediate
Co-op commission
2% +HST
Seller
Listed by
ONE PERCENT REALTY LTD.

Home Market Value

Current home valuation for 138 Chatham Street, Kingston, East of Sir John A. Blvd, Kingston, ON. Listed for $775,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 138 Chatham Street, Kingston, East of Sir John A. Blvd

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Kingston, ON
Minimum Down Payment Required:6.8%

5% on first $500K + 10% on $275,000 over $500K

Minimum down payment

$52,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,892$21,623$18,445$0
=Total mortgage
$751,192$719,123$677,195$620,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,668monthly$3,511monthly$3,306monthly$3,027monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,975

Total Land Transfer Tax

$11,975

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