Historic Stone Estate, Originally named Closeburn. Welcome to 5 Emily Street , a breathtaking, and iconic property nestled in one of Kingston's most coveted waterfront neighborhoods. Steps from Lake Ontario, the Kingston Yacht Club, and the vibrant historic downtown, this architectural treasure offers a rare blend of residential luxury and investment potential. Spanning over 9,200 sq feet, this property boasts 3 floors and 3 separate apartments, with a spacious downtown lot. Beyond the stately stone façade lies a residence unlike any other rich in history, and overflowing with character. As you step into the grand foyer, you will immediately notice the old-world charm: 12-foot ceilings, inlaid hardwood floors, crystal chandeliers, and original fireplaces create a formal yet inviting ambiance. The main level features two expansive family rooms with floor-to-ceiling windows that flood the home with natural light. A formal dining room with a fireplace and original chandelier is tucked off the main foyer, perfect for your dinner parties, a two-piece powder room, and a spacious eat-in kitchen with loads of space to make your own. Ascend the dramatic staircase to the second level, where you'll discover four spacious bedrooms and two 4-piece bathrooms, including the primary suite, with its own fireplace and en-suite. The third floor is a blank canvas for your imagination or keep the original den, and rooms for art studios, home office, or guest suite. Income Potential: In addition to the main residence, the property includes three self-contained rental apartments: Two 3-bedroom units and One 2-bedroom unit. Whether you're an investor seeking a high-end multi-residential opportunity, a visionary entrepreneur looking to open a boutique inn, or a discerning buyer dreaming of a luxurious family estate with income streams, Emily street is a wonderful option. Not only that , this is more than just real estate this is your opportunity to own a piece of Kingston's heritage.