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    For Sale - 686 Montreal Street, Kingston, Ontario

    Est payment $4,801/mo
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    Views   4
    Time on Jump  57 day

    AI Summary *

    • Legal 6-unit apartment building with a mix of 1 and 2-bedroom units.
    • Separate hydro meters for each unit mean tenant-paid utilities.
    • Shared laundry in the basement for tenant convenience.
    • Includes an additional garage/workshop structure on site.
    • Zoning supports multi-unit residential and possible conversions for more income.




    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)
    Listing IDX13104206
    Address686 Montreal Street
    CityKingston, Ontario
    Price$999,900
    Bed / Bath9 / 6 Full
    Style2-Storey, Multiplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water HeaterOwnership FreeholdBasement UnfinishedFoundation BlockHeating / Cooling BaseboardHeating Fuel GasSewer Sewer

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    Listing Agency:  SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    686 Montreal Street
    Kingston , Ontario
    9 6 $999,900
    Get more info