45 CHESTNUT St
East of Sir John A. Blvd, Kingston, K7K 3X4
FOR SALE
$1,150,000
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Property Description
Prepare to be captivated by this wholly renovated 2-unit gem at the corner of Chestnut and Cherry Streets. Originally a charming rusticated stone house, it has transformed into a legal two-unit property, offering unparalleled investment potential and lifestyle opportunities in downtown living. Ideal for savvy investors seeking a turn-key rental property or Airbnb enthusiasts, this residence also accommodates multi-generational families looking to combine closeness with independence. Each meticulously crafted unit features laundry facilities, a breaker panel, and individual heat/air conditioning controls. The upper unit is a spacious retreat boasting two bedrooms, a sleek three-piece bath, an airy open-concept kitchen and living area, and a delightful finished garret room with scenic views of the vibrant fruit belt from its private deck. Meanwhile, the lower unit exudes executive charm with its thoughtfully designed one-bedroom layout, perfect for professionals or discerning tenants seeking comfort and style. The extensive renovations include a new furnace, updated wiring, plumbing, windows, and a durable steel roof all meticulously detailed in the provided documentation. Seize this opportunity to experience the epitome of modern living in a historic setting. Schedule your exclusive showing today and envision the possibilities at this remarkable address.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-02-25 | 2022-04-04 | 38 | $899,900 | - | Expired |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
92' x 60'
Acreage
< .50
Taxes
$3,386 (2024)
Basement
Full, Unfinished
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Outside/Surface
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 9.68' x 13.58' | |
Kitchen | Main | 7.09' x 14.57' | |
Br | Main | 12.17' x 11.68' | |
Bathroom | Main | 7.91' x 13.09' | |
Laundry | Main | 3.25' x 3.67' | |
Kitchen | 2nd | 7.09' x 14.57' | |
Bathroom | 2nd | 7.51' x 9.84' | |
Living | 2nd | 6.43' x 14.57' | |
Br | 2nd | 8.92' x 12.34' | |
Br | 2nd | 9.68' x 11.15' |
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Kingston Market Statistics
Kingston Price Trend
45 CHESTNUT St is a 3-bedroom 2-bathroom home listed for sale at $1,150,000, which is $541,202 (88.9%) higher than the average sold price of $608,798 in the last 30 days (September 28 - October 27). During the last 30 days the average sold price for a 3 bedroom home in Kingston increased by $15,997 (2.7%) compared to the previous 30 day period (August 29 - September 27) and up $60,465 (11.0%) from the same time one year ago.Inventory Change
There were 206 3-bedroom homes listed in Kingston over the last 30 days (September 28 - October 27), which is up 1,616.7% compared with the previous 30 day period (August 29 - September 27) and up 1,044.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kingston typically sold ($5,865) (1.0%) below asking price over the last 30 days (September 28 - October 27), which represents a $3,506 increase compared to the previous 30 day period (August 29 - September 27) and ($18,233) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Kingston over the last 30 days (September 28 - October 27) stood at 904.9%, down from 6,425.0% over the previous 30 days (August 29 - September 27) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kingston stood at 13 days when successfully sold over the last 30 days (September 28 - October 27), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Champ Realty Limited, Brokerage
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