$999,000 $5,363 est/mo Sourced by Back At You

185-187 Montreal Street,Kingston, ON K7K 3G5

Kingston ON, K7K 3G5

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Description

Nestled in Kingston’s vibrant Inner Harbour neighbourhood, 185-187 Montreal St. presents an exceptional investment opportunity. Conveniently situated within walking distance to McBurney Park (6 minutes), Artillery Park (7 minutes), and Princess St (10 minutes), this semi-detached duplex enjoys prime access to downtown offices, shops, restaurants, the waterfront, and Queen’s University. Each unit offers three bedrooms including a spacious loft, a modern kitchen, open living/dining areas, second-floor laundry, and parking for four cars.The entire property underwent a thorough interior upgrade in 2019/2020, including a full rebuild from the studs up while preserving original hardwood floors. New features comprise of insulation, drywall, paint, custom kitchens, stainless-steel appliances (two of each: fridges, dishwashers, stoves, furnace, A/C , and laundry units), renovated bathrooms, bedrooms, a finished third-floor den/bedroom, doors, trim, and exterior landscaping. In 2012, windows and siding were also upgraded and the shingles in 2022. With separate utilities for each unit, tenants have individual control over their living spaces. Currently generating a total gross income of $60,000 annually with both units rented, the future owner can continue as a landlord or live in one side and rent the other as one side will be vacant June 1 2024. Additionally, with the potential for severance, there are opportunities for further development or customization. Boasting proximity to amenities and abundant potential, this duplex stands as a true gem in Kingston's real estate market.

Details

MLS#40570414
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1890
Days On Site43
Listing Provided ByRoyal LePage ProAlliance Realty, Brokerage | Anne-Marie Mackenzie

Features

Bed(s)6
Bath(s)2
SQ Feet2,487
BasementY
Story(s)2
Units2
ZoningA
Acreage0.07
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
ProvinceON
CountyFrontenac
CityKingston
Postal CodeK7K 3G5
AreaKingston
Subarea22 East of Sir John A. Blvd
Community Name22 East of Sir John A. Blvd
Listing VS Median (in 22 East of Sir John A. Blvd)
Price:
$999,000
low | high
Med:
$544,436
95.501901901902% of Average
SqFt:
2,487
low | high
Med:
1,293
98.029754724568% of Average
$ / SqFt:
$402
low | high
Med:
$455
36.762291189585% of Average
On Site:
43
low | high
Med:
23.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 3:19:31 PM PDT