686 MONTREAL STREET
Kingston, Ontario, K7K3J4
For Sale | $999,900 | 9 beds | 6 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: $999,900
- Bedrooms: 9
- Bathrooms: 6
- Lot size: 57.1 x 143.6 FT
- Parking: 8
- Listing key: 29724749
Listing overview
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 const...
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