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Renanza Realty
For sale

45-47 MAIN STREET

Kingston (East of Sir John A. Blvd), Ontario

MLS® X13625846

$789,000

Status
Active
Property type
House
MLS® number
X13625846
Bedrooms
9
Bathrooms
4
Year built

Listing description

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 summary

MLS® number
X13625846
Property type
Single Family
Building type
House
Title
Freehold
Land size
51 x 90 FT
Annual property taxes
$7,336.84
Parking
4 spaces · No Garage
Days on market
48 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Unfinished, Partial
Appliances
Water Heater
Exterior features
Wood, Vinyl siding
Lot features
Sump Pump

What would this home cost you?

Based on the $789,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,671 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of KINGSWAY REAL ESTATE, MISSISSAUGA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.