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. |
Price | $999,900 |
Taxes: | $3385.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Partial |
Address: | 45 Chestnut Stre , Kingston, K7K 3X4, Frontenac |
Postal Code: | K7K 3X4 |
Province/State: | Frontenac |
Directions/Cross Streets: | Cherry st |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 0 | |
Washroom Type 17 | 0 | |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 0 | |
Washroom Type 22 | 0 | |
Washroom Type 23 | 0 | |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 |
Category: | Accommodation |
Use: | Bed & Breakfast |
Building Percentage: | T |
Total Area: | 1708.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21-LANTHORN REAL ESTATE LTD., BROKERAGE |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 22 - East of Sir John A. Blvd |
Tax: | $3,385 |
Fireplace: | N |