686 Montreal Street, Kingston - $999,900 | Modern Solution Realty

686 Montreal Street

686 Montreal Street, Kingston

686 Montreal Street in Kingston - 9 bedroom, 6 bathroom. Listed at $999,900.

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)

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 3250 sqft
  • Basement: Unfinished
  • Heating: Gas
  • Cooling: None
  • Parking: 8 spaces
  • Property Taxes: $6,549/yr
  • Neighbourhood: 22 - East of Sir John A. Blvd
  • Postal Code: K7K 3J4

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