99 Chatham Street

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.

Attention Investors, Multi-generational Families & Savvy Buyers! Welcome to this incredibly versatile 5-bedroom, 2-kitchen back-split, set up like a duplex and zoned for up to a fourplex with proper fire separation (buyer to verify). Live in one unit and rent the other-or plan for future expansion! Main Level features a bright living/dining area, eat-in kitchen, walk out deck, 1 bedroom, and a 2 & 3 piece bath. The lower level offers a separate entrance, 4 bedrooms, a second kitchen, laundry, and a 3 piece bath-perfect for in-laws or tenants. Walk out from the lower level to a tranquil, park-like pie shaped backyard-ideal for morning coffee or evening entertaining. Both levels have their own laundry, plus an attached 1-car garage.Currently a spacious single-family in law suite home with income potential already in place. Don't miss this rare opportunity to own a property that adapts to your needs-today and tomorrow.

A beautifully updated residence, centrally located within an easy stroll to Queen's University, Kingston's major hospitals and downtown amenities. This beautifully renovated 6 bedroom, 2 full bath house is turnkey and ready for new investors or Queen's parents who will appreciate the new flooring and stylish kitchen, newer windows and furnace and beautiful bathrooms. Freshly painted and ready for immediate occupancy! Deep back yard offers 4 paved parking spots as well as outside sitting areas. Rented until April 30th 2027. $950 per room. Tenants pay all utilities.