686 Montreal Street, Kingston, ON K7K 3J4
- $999,900
- 9
- BD
- 6
- BA
- 3,000
- SqFt
- List Price
- $999,900
- MLS#
- X13104206
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 9
- Bathrooms
- 6
- Living Area
- 3000-3500
- Province
- ON
- Municipality
- Kingston
- Area
- Frontenac
- Neighborhood
- 22 - East of Sir John A. Blvd
- Subdivision
- Railway St
Property Description
686 Montreal Street is a legal 6-unit apartment building (6-plex) approx: 3,200-4,600 sq ft range (sources vary) 8 bedrooms total. 4 x 1 bedroom apartments and 2 x 2-bedroom apartments. Features: separate hydro meters per unit (tenant-paid utilities) shared laundry (basement). additional garage/workshop structure on site. Roof approx 10 yrs old. Electrical up grade 2 yrs ago. Common forced air furnace. Each tenant pays for their own hot water tank rental. From an investor standpoint: this is a classic Kingston cash-flow asset-older stock, separately metered, low operating complexity. planning / zoning insight (important for your project) from your pre-consult file (d00-139-1015) and city feedback: zoning: mui - mixed use 1 official plan: mixed use. What that means in practice: supports: multi-unit residential. conversions / intensification additional dwelling units (subject to site constraints)
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Additional Information
- Taxes
- $6,549
- Heat Type
- Baseboard
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 6
- Exterior
- Stucco (Plaster)
- Garage Spaces
- 2.5
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 8
- Parking Type
- Private
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Listing courtesy of SUTTON GROUP-MASTERS REALTY INC., BROKERAGE.