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$1,099,900
Status: For Sale
Discover 70 Montreal St, Kingston, Ontario, a fully renovated heritage triplex with three separate entrances. Built in the 1880s, this elegant property combines historical charm with modern amenities, offering a unique investment opportunity. Each apartment has been beautifully updated in the past four years, ensuring comfort and style. With its prime location, just five minutes from Queen's University, Downtown Kingston, and nearby hospitals, it is perfect for students, professionals, and tourists. This property comes fully furnished (*minor exclusions) and is ready to operate immediately. In each of the last three fiscal years, the property has had annual revenues of over $100,000, generating $129,987 in the previous fiscal year and $121,470 the year prior. The property is currently on course to have its highest revenue-generating year yet. Embrace the chance to own this heritage property and reap the benefits of this lucrative opportunity.
Property Type | :Residential |
MLS Number | :X9234587 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :15 Sep, 2024 (9 Days ago) |
Source | :TRREB |
Area | :Frontenac |
Postal Code | : K7K 3E8 |
Price | : $1,099,900 |
Property Taxes | :$4651.93 |
Tax Year | :2024 |
Bedrooms | :4 + 1 |
No. of Rooms | :5 |
Air Conditioning | :Wall Unit |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Queen St |
Bathrooms | :3 |
Fuel | :Gas |
Approx Square Footage | :3000-3500 sqft |
Fireplace/Stove | :No |
Virtual Tour | :Virtual Tour (External Link) |
Exterior Finish | :Brick |
Parking Space | :1 |
Basement | :Apartment |
Garage | :None |
01 Aug, 2024
TREB #X9234587
Listed
$1099900.0
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