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About the Listing 101400 -
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.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Partial Basement
- Other: Water Heater Owned,Sump Pump
- Water:
Exterior Details
- Lot Description: Irregular Lot
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Deck,Hospital
- Sewer: Sewer
- Parking Features: Private,Right Of Way,No Garage
Financial Details
- Tax Amount: $7,337
- Taxes w/Assessments: N/A
- Tax/Property ID: 360500078
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
45-47 Main St Kingston, ON K7K 3Y5
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