9 Bedrooms

6 Bathrooms

3,000 - 3,500 sqft Interior

8 Parking spaces

57.1 X 143.6 Ft, Under 1/2 Acre Lot size

134 days ago Listed

None Baseboard Heaters, Forced Air

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About this home

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) (id:28469)

Facts & features

Property

MLS® Number: X13104206
Property Type: Multi-family
Community Name: 22 - East of Sir John A. Blvd
Equipment Type: Water Heater
Features: Flat Site, Dry
Parking Space Total: 8
Rental Equipment Type: Water Heater

Building

Bathroom Total: 6
Bedrooms Above Ground: 9
Bedrooms Total: 9
Age: 51 To 99 Years
Appliances: Water Heater, Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: None
Exterior Finish: Stucco
Foundation Type: Block
Heating Fuel: Natural Gas
Heating Type: Baseboard Heaters, Forced Air
Stories Total: 2
Size Interior: 3,000 - 3,500 Sqft
Type: Other
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 143 Ft ,7 In
Size Frontage: 57 Ft ,1 In
Size Irregular: 57.1 X 143.6 Ft
Size Total Text: 57.1 X 143.6 Ft|under 1/2 Acre
Zoning Description: M6.97

Utilities

Cable: Installed
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,427/mo
Ontario land transfer tax: $16,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The East of Sir John A. Blvd market

91 Active listings

$519,900 Median asking price

92% above median This home

37 days Avg. time on market

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Location

686 Montreal Street, Kingston, Ontario K7K 3J4 · Get directions

686 Montreal Street