45-47 MAIN Street
Kingston, ON
- 9 bed
- 4 bath
- approx. < 700 sqft
- Detached
- 49 days on market
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 Details
- Taxes (2026)
- $7,337
- Originally Listed
- $599,000
- Listed
- July 31, 2026
Price History
Property
- Style
- 2 1/2 Storey
- Age
- 51-99
- Construction
- Wood, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Water Heater Owned, Sump Pump
- Lot Size
- 51 x 90 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Division St and Main St.
- Zoning
- A - Residential
- Parcel Number
- 360500078
- Possession
- Immediate
- Occupancy
- Vacant
Schools
Elementary
- Cathedrale Catholic School0.5 km
Catholic · Algonquin and Lakeshore CDSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 54% met the provincial standard
- Central Public School0.5 km
Public · Limestone DSB · 220 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Katarokwi Elementary Learning Centre Elementary Public School0.6 km
Public · Limestone DSB
Secondary
- Regiopolis/Notre-Dame Catholic High School0.8 km
Catholic · Algonquin and Lakeshore CDSB · 825 students
Grade 10 literacy: 83% met the provincial standard
- Kingston Secondary School2.2 km
Public · Limestone DSB · 1110 students
Grade 10 literacy: 87% met the provincial standard
- Loyalist Collegiate and Vocational Institute2.3 km
Public · Limestone DSB · 750 students
Grade 10 literacy: 86% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K7K
- Population
- 33,705
- Private dwellings
- 16,786
- Median age
- 37.2
- Average household size
- 2.1
- Median household income
- $67,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Kingston · last 12 months
- Median sold price
- $585,000
- Homes sold
- 1,633
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,633 recorded sales of residential freehold properties in Kingston over the last 12 months.
Rooms
3-piece on Third, 4-piece on Main, 2 × 4-piece on Second
Third
- Bathroom
- Bedroom13'5" x 9'6"
- Living Room9'3" x 11'7"
Second
- Bathroom7'7" x 7'3"
- Bathroom7'3" x 7'9"
- Bedroom12'4" x 11'9"
- Bedroom14'3" x 11'5"
- Bedroom12'5" x 14'9"
- Bedroom7'7" x 14'9"
- Bedroom
- Bedroom9'10" x 11'6"
Main
- Bathroom4'11" x 11'10"
- Bedroom10'10" x 12'7"
- Bedroom9' x 10'11"
- Bedroom11' x 12'6"
- Living Room10'8" x 12'7"
- Sitting12'4" x 8'5"
Listed by
KINGSWAY REAL ESTATE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$157,800
Estimated Monthly Payment
$3,876
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,876/mo (20% down, 5.5%)
Taxes: $611/mo · Insurance: $197/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?