$1,195,000
Available - For Sale
Listing ID: X12720228
31 Montgomery Boulevard , Kingston, K7M 3N7, Frontenac
| Solid 6-unit apartment investment located on prestigious Montgomery Boulevard in Kingston's sought-after Reddendale neighbourhood. This well-positioned multi-residential asset benefits from immediate access to public transit and is just steps to nearby parks, walking trails, and Lake Ontario waterfront. The property currently grosses $107,336.64 annually, with upside to be realized through tenant turnover.The building is efficiently configured, features a durable metal roof, has had recent large capital investment and is electrically heated, helping reduce maintenance and operational complexity. Situated in a stable, low-vacancy neighbourhood with strong rental demand, 31 Montgomery Boulevard represents an excellent opportunity for investors seeking a turn-key income property with future value-add potential in one of Kingston's most desirable residential corridors. Currently professionally managed by Axon Property Management. |
| Price | $1,195,000 |
| Taxes: | $7505.75 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 31 Montgomery Boulevard , Kingston, K7M 3N7, Frontenac |
| Postal Code: | K7M 3N7 |
| Province/State: | Frontenac |
| Legal Description: | PT LT 56, PL 382 AS IN FR407036 ; KINGST |
| Directions/Cross Streets: | Front Road and Montgomery Blvd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 4515.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 6 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| AXON REAL ESTATE BROKERAGE INC. |
|
|
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 28 - City SouthWest |
| Tax: | $7,505.75 |
| Baths: | 6 |
| Fireplace: | N |
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