For Sale - 686 Montreal Street, Kingston, Ontario

Est payment $4,801/mo
Views   3
Time on Jump  8 day
  • 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
Parking 8.00
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Listing Agency:  SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

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686 Montreal Street
Kingston , Ontario
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