Randy Beck - at your Beck and call
randy@randybeck.ca
613.541.9221
him
MLS®: X13048268 Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

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Telephone:
613.389.7777

Cellular:
613.541.9221


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$1,200,000
Location:

686 & 688 MONTREAL STREET, Kingston (East of Sir John A. Blvd) Ontario, K7K3J4

686 & 688 MONTREAL STREET, Kingston (East of Sir John A. Blvd) Ontario
Description:
***686 Montreal St (Main Building)***... Legal 6-unit apartment building (6-plex) Approx: 3,200-4,600 sq ft range (sources vary) 8-10 bedrooms totalFeatures: Separate hydro meters per unit (tenant-paid utilities)Shared laundry (basement). Additional garage/workshop structure on site. From an investor standpoint: This is a classic Kingston cash-flow asset-older stock, separately metered, low operating complexity. **688 Montreal St (Accessory Property)**... Detached 2-bedroom, 1-bath bungalow. Fully rented (at time of last listing). This is effectively: Either a second principal structure on same holding Or a separate parcel being sold together (most likely)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) BUT: You'll run into parking + amenity + access requirements. Likely legal non-conforming elements already exist (very common on Montreal St)"686 MONTREAL ST" : 4 x 1 BEDROOM APARTMENTS and 2 x 2 BEDROOM APARTMENTS. 2 UPDATED BOLIERS. ROOF APPROX 10 YRS OLD. ELECTRICAL UP GRADE 2 YRS AGO."688 MONTREAL ST" 2 BEDROOM SINGLE FAMILY HOME. ROOF APPROX 4 YRS OLD.EACH TENANT PAYS FOR THEIR OWN HOT WATER TANK RENTAL. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 57.1 x 143.6 FTAcreage: 57.1 x 143.6 FT
Sewer: Sanitary sewerWater: Municipal water
Parking Type: Detached Garage, Garage
Structure:
Style: OtherSquare Footage: 3000 - 3500 sqft
Bedrooms: 9Bathrooms: 9-Total 
Heating: Baseboard heaters, Forced air, Other, Not known
Heating Type: Natural gas, Other
Cooling Type: None
Exterior: Stucco
Foundation Type: Block
Features:
Flat site Dry   
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686 & 688 MONTREAL STREET, Kingston (East of Sir John A. Blvd) Ontario

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

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**Broker *Sales Representative
Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated