45-47 MAIN Street
22 - East of Sir John A. Blvd / Kingston, ON K7K 3Y5
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13625846
Listed by KINGSWAY REAL ESTATE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,853
/month · $631,200 mortgage
Amortization
Total Interest
$524,637
Total Cost
$1,155,837
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
KINGSWAY REAL ESTATE
