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45-47 MAIN STREET, Kingston (East of Sir John A. Blvd) — listed at $789,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional Value-Add Investment Opportunity in the Heart of Downtown Kingston!Unique multi-unit property presents an outstanding opportunity for investors, renovators, and those looking to unlock long-term value in one of Kingston's most desirable rental locations.The property features three self-contained units. The primary unit at 45 Main Street offers 5 + 1 above-grade bedrooms, a spacious eat-in kitchen, living room, and two 4-piece bathrooms. Above, the rooftop loft apartment features an open-concept kitchen, living and sleeping area, a 3-piece bathroom, and a generous walk-in closet. The character-filled unit at 47 Main Street includes a separate living room and eat-in kitchen on the main level, with 2 bedrooms and a large 4-piece bathroom on the second floor.Outside, enjoy a private rear yard, a large deck, and parking for approximately 4-5 vehicles-an increasingly rare feature in the downtown core. The property is equipped with separate hydro meters, offering added convenience for multi-unit management.Vacant possession is available, providing the flexibility to renovate immediately, set your own rental rates, or occupy a unit while generating income from the others. This is an excellent opportunity to renovate, modernize, and maximize rental income in a high-demand location close to Queen's University, downtown amenities, transit, and Kingston's waterfront.Property is being sold in "As Is, Where Is" condition. The property requires updating and TLC and is priced accordingly. Buyers are advised to satisfy themselves with respect to the property's condition, zoning, permits, rental licensing (if applicable), and future intended use. (id:60164)
What's the parking situation?+
This property includes 4 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 45-47 MAIN STREET a good fit for a growing family?+
With 9 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,336.84, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 9 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Unfinished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
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