45-47 MAIN Street, Kingston, Ontario, Canada, K7K3Y5

789,000
for Sale
9
4
< 700

About the 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.

House features:

false
Detached detached
Property Type:
Detached
Status:
for Sale
House Style:
detached
Bedrooms:
9
Bathrooms:
4
Land Size:
51 x 90 FT | < .50 acres
Garage/Parking Type:
Private,Right Of Way
Parking Places:
4
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
Division St and Main St.
Exterior:
Wood ,Vinyl Sidi
Basement:
Unfinished,P, Unfinished,P
Fronting On:
E
Possession Date:
TBA
Annual Property Taxes:
7,336.84
Listing ID:
X13625846

Rooms

Dimensions

Brokered by:
Kingsway Real Estate
Source: TRREB/PROPTX
Presented By:

Megan Holly

Sales Representative & Broker

Kingsway Real Estate Brokerage