686 Montreal Street, Kingston (East of Sir John A. Blvd), Ontario K7K3J4

Listing courtesy of SUTTON GROUP-MASTERS REALTY INC., BROKERAGE.

$999,900
9
BD
6
BA

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List Price
$999,900
MLS®
X13104206
Days on Market
79
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
9
Bathrooms
6
Lot Size Dimensions
57.1 x 143.6 FT
Subdivision
22 - East of Sir John A. Blvd

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) (id:5764)

Additional Information

Garage
Yes
Subdivision
22 - East of Sir John A. Blvd
Parking Spaces
8
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Baseboard heaters, Forced air, Natural gas
Lot Features
Flat site, Dry
Stories
2

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Calculator source: Real Geeks