Unknown for 45 Chestnut St, Kingston Ontario K7K 3X4
41 days on Market

45 Chestnut St, Kingston, Ontario K7K 3X4

Other
-
-
~1708 sqft
$999,900
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Other
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~1708 sqft

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Highlights

Property Estimate

Days on market41 days

Estimated valueNot available

Price/Sqft$585/sqft

Monthly cost

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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.


Property Details

StyleAccommodation
View-
Age of property-
SqFt~1708 SqFt
Lot Size5,550 SqFt(92.5 x 60)
Parking Spaces-
MLS ®NumberX12304904
Community NameInner Harbour
Data SourceTRREB
Listing byCENTURY 21-LANTHORN REAL ESTATE LTD., BROKERAGE

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 5,550 SqFt

Property listed by CENTURY 21-LANTHORN REAL ESTATE LTD., BROKERAGE, Brokerage
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Market Data - Inner Harbour

Geo Zone Map ThumbnailInner Harbour

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

44 days

2023

18 days

2022

26 days

New Listings

Past 30 days

16 listings

Compared to

2024

10 listings

2023

8 listings

2022

8 listings

Units sold

Past 30 days

6 units

Compared to

2024

7 units

2023

2 units

2022

6 units

Median Sold Price

Past 30 days

$404,450

Compared to

2024

$527,000

2023

$445,750

2022

$512,500


Population and Demographics

Overview

Total population 7131
Average household income $103,089

Age (%)

0 to 19
13%
20 to 34
37%
35 to 49
17%
50 to 64
16%
65 and plus
17%

Household composition (%)

Single person
49%
Single family
37%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
2%
Mandarin
2%
English and French
1%

House tenancy (%)

Renters
70%
Owners
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget