This fully rebuilt 2.5-storey rusticated stone property offers outstanding versatility: operate as two licensed Airbnb units, live in one while renting the other, or lease both as premium apartments. Its prime location at the corner of Chestnut and Cherry Streets in downtown Kingston makes it a highly desirable property. This home seamlessly blends historic architectural charm with complete modern upgrades. Gutted to the bare walls and meticulously rebuilt to code, both units feature independent laundry, programmable WiFi thermostats, separate heat/AC controls, and individual shut-off valves. The property boasts significant upgrades, including a new water line from the city, all-new electrical, plumbing, and ductwork with in-line smoke detection, spray foam insulation from basement to attic, fireproofed basement and complete Ontario Building Code-compliant fire separation, a durable steel roof, new eavestroughs, vinyl flooring, granite/quartz counters, and custom kitchen cabinetry. New double-hung windows, doors, and LED soffit lighting. The property also features a security camera system, exterior parking, and an EV charger. The upper unit is a 2-bedroom retreat, featuring a bright, open-concept living space, a stylish bath, and a finished garret that opens onto a private deck with views of the Fruit Belt. The lower 1-bedroom unit exudes executive style, perfect for professional tenants. All furnishings, linens, kitchenware, and decor are included, making this an actual turnkey investment or lifestyle property. Modern living in a historic, rusticated stone home: discover the possibilities at 45 Chestnut Street. (id:55581)