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MLS®: X13048268 |
Status: For sale
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RE/MAX Finest Realty, Brokerage - Kingston
Randy Beck
Sales Representative
Email Me
Telephone:613.389.7777
Cellular:613.541.9221
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Location:
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686 & 688 MONTREAL STREET, Kingston (East of Sir John A. Blvd) Ontario, K7K3J4
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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) | |
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Property: |
| Type: Multi-family |
| Lot Dimensions: 57.1 x 143.6 FT | Acreage: 57.1 x 143.6 FT |
| Sewer: Sanitary sewer | Water: Municipal water |
| Parking Type: Detached Garage, Garage |
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Structure: |
| Style: Other | Square Footage: 3000 - 3500 sqft |
| Bedrooms: 9 | Bathrooms: 9-Total |
| Heating: Baseboard heaters, Forced air, Other, Not known |
| Heating Type: Natural gas, Other |
| Cooling Type: None |
| Exterior: Stucco |
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Foundation Type: Block |
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Features:
 | Flat site |
 | Dry |
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Listing Office: SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
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**Broker *Sales Representative