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45 Chestnut ST Kingston, ON K7K 3X4
1,708 SqFt
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $585
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12304904
Annual Tax Amount $3,385
Tax Year 2024
Property Sub-Type Investment
Lot Depth 92.5
Lot Front 60.0
Property Description
Exceptional investment opportunity in the heart of downtown Kingston. 45 Chestnut Street is a completely rebuilt, fully licensed two-unit property currently operating as two successful Airbnb suites. Ideal for hands-off investors, urban landlords, or owner-occupants seeking supplemental income. Stripped to the studs and professionally renovated between 2022 and 2023, this rusticated stone home was rebuilt with long-term performance and compliance in mind. Both units feature independent HVAC controls, in-suite laundry facilities, programmable Wi-Fi thermostats, and individual shut-off valves. All major systems have been updated, including electrical, plumbing, ductwork, windows, insulation(spray foam from the basement to the attic), and fire separation, to meet or exceed Ontario Building Code requirements. The cellar is fireproofed with mono-coat treatment. Modern touches include luxury vinyl flooring, quartz/granite counters, custom kitchen cabinetry, ceramic and marble tile work, LED soffit lighting, a security camera system, and an EV charger. Exterior upgrades include a metal roof, new eavestroughs, metal fencing, parking improvements, and fresh sod. The upper 2-bedroom unit features a finished garret loft and a private deck with views overlooking the Fruit Belt. The lower 1-bedroom unit offers an executive-style layout perfect for professionals or extended stays. Both are fully furnished and outfitted with linens, utensils, décor, and kitchenware included, making this a seamless short-term rental handoff. Whether you're looking to maintain the Airbnb income stream, convert to long-term rentals, or occupy one unit while renting the other, this property is 100%turnkey and ready to perform.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 60.0
Lot Depth 92.5
Listed by CENTURY 21-LANTHORN REAL ESTATE LTD., BROKERAGE
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