For Sale - 31 Montgomery Boulevard, Kingston, Ontario

Est payment $5,924/mo
Views   1
Time on Jump  11 day
  • Solid 6-unit apartment investment in a sought-after neighborhood.
  • Great access to public transit, parks, and Lake Ontario.
  • Current annual gross income of $107,336.64 with potential for growth.
  • Recently upgraded building with a durable metal roof and efficient heating.
  • Located in a low-vacancy area with strong rental demand.



Solid 6-unit apartment investment located on prestigious montgomery boulevard in kingston's sought-after reddendale neighbourhood. This well-positioned multi-residential asset benefits from immediate access to public transit and is just steps to nearby parks, walking trails, and lake ontario waterfront. The property currently grosses $107,336. 64 annually, with upside to be realized through tenant turnover. The building is efficiently configured, features a durable metal roof, has had recent large capital investment and is electrically heated, helping reduce maintenance and operational complexity. Situated in a stable, low-vacancy neighbourhood with strong rental demand, 31 montgomery boulevard represents an excellent opportunity for investors seeking a turn-key income property with future value-add potential in one of kingston's most desirable residential corridors. Currently professionally managed by axon property management.
Listing IDX12720036
Address31 Montgomery Boulevard
CityKingston, Ontario
Price$1,195,000
Bed / Bath10 / 6 Full
StyleBungalow, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features Accessory Apartment, In-Law Suite, In-Law Capability, Water HeaterOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 6.00
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Listing Agency:  AXON REAL ESTATE BROKERAGE INC.
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31 Montgomery Boulevard
Kingston , Ontario
10 6 $1,195,000
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