138 Chatham Street
East of Sir John A. Blvd · Kingston, ON K7K 4H4
Listing brokerage: ONE PERCENT REALTY LTD.
Asking price
$775,000
Key facts
- MultiplexProperty type
- 6Bedrooms
- 3Bathrooms
- 2 spacesParking
- 1,750 sq ftLiving space
- 51 ftLot frontage
- Aug 15, 2026Listed
- 87 daysOn market
- X13679136MLS® number
About this home
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.
Price history
- Listed$775,000
Location
138 Chatham Street, Kingston
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- Katarokwi Elementary Learning Centre Elementary Public SchoolLimestone DSB · Elementary · 414 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Regiopolis/Notre-Dame Catholic High SchoolAlgonquin and Lakeshore CDSB · Secondary · 583 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- École secondaire publique Mille-IlesCÉP de l'Est de l'Ontario · Secondary · 593 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
No transit stop within 25 km of this address in the data we hold. We carry transit for the Greater Toronto Area only: TTC, GO Transit, UP Express, YRT/Viva, MiWay, Brampton Transit and Durham Region Transit.
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
- Contains information licensed under the Open Data Licence - City of Kingston.
MLS® #X13679136
Last updated Aug 15, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.
