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Pemberton Holmes Ltd.

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45-47 Main Street
homes for sale · Kingston · East of Sir John A. Blvd
$789,000

45-47 Main Street

East of Sir John A. Blvd, Kingston · MLS® X13625846

944

House · Single Family · 85 days on market

listed by AMIR MOZAFFARI, KINGSWAY REAL ESTATE

realtor's 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 details

type
House, Single Family
bedrooms
9
bathrooms
4
parking
4
property tax
$7,337 / yr
days on market
85
MLS®
X13625846

features

  • Sump Pump
  • Water Heater

monthly cost

$4,049/mo
Mortgage $3,438 · Tax $611

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,438/ monthly
loan $631,200
25-year amortization
total interest
$400,079
cash to close
$157,800
down payment; transfer tax and fees not included
total paid
$1,031,279

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

East of Sir John A. Blvd, KingstonGoogle Maps ↗

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listed by
AMIR MOZAFFARI
KINGSWAY REAL ESTATE
call AMIR · 905-277-2000
Powered by: REALTOR.ca

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0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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