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45-47 MAIN Street, Kingston, ON K7K 3Y5

9 beds · 4 baths · 16 rooms · 4 parking spaces · < 700 sq ft · Detached
$789,000
Property tax
$7,337 / year

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.

MLS number
X13625846
Type
Detached
Status
Active
Bedrooms
9
Bathrooms
4
Postal code
K7K 3Y5
Photos
1
Laundry
Not in the unit
43days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Cathedrale Catholic School
Algonquin and Lakeshore CDSB
Elementary478 m7.4 / 10
74% met the standard
Katarokwi Elementary Learning Centre Elementary Public School
Limestone DSB
Elementary566 mNot reported
Central Public School
Limestone DSB
Elementary491 m8.2 / 10
82% met the standard
Sydenham Public School
Limestone DSB
Elementary830 m7.1 / 10
71% met the standard · 3 of 6 measures
Regiopolis/Notre-Dame Catholic High School
Algonquin and Lakeshore CDSB
Secondary841 m7.2 / 10
72% met the standard · 2 of 6 measures
King's Town Private SchoolElementary711 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in 22 - East of Sir John A. Blvd164 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$430k$613k$796k20252026this home’s asking price
$468klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d32d20252026
18dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in 22 - east of sir john a. blvd. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 494 people.

$50,000Median household income
23.9%Own their home
22.4%Detached houses
30.6Median age
10.6%Born outside Canada
43.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35100173 — the few blocks around this address, home to 494 people. It describes the area, not this property.

494Population
37Average age
2Household size
$62,400Average household income
$50,000Median household income
24%Own their home
76%Rent
9%Condominiums
11%Born outside Canada
44%University degree
$580,000Average home value
23%Low income
48%Not in the labour force
53%Never married
Under $5,0002%
$5,000 to $9,9992%
$10,000 to $14,9993%
$15,000 to $19,9993%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9995%
$40,000 to $44,9998%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over18%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over2%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$157,800 · minimum here is $53,900
$3,493.52per month
Borrowed before insurance$631,200
Total borrowed$631,200
Interest over 25 years at 4.5%$416,856

If you rented it out

-$4,104.94per month out of pocket
Rent$0.00
Everything it costs to hold$4,104.94
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by KINGSWAY REAL ESTATE. Listing data provided by the Toronto Regional Real Estate Board.