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185-187 Montreal Street Kingston, Ontario K7K 3G5

6 Bedroom 2 Bathroom 2487.5700
Central Air Conditioning Forced Air

$999,000

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. (id:42597)

Property Details

MLS® Number 40570414
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Features Crushed Stone Driveway
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Total 6
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1890
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2487.5700
Type Duplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 46 Ft
Size Irregular 0.067
Size Total 0.067 Ac|under 1/2 Acre
Size Total Text 0.067 Ac|under 1/2 Acre
Zoning Description A

https://www.realtor.ca/real-estate/26742416/185-187-montreal-street-kingston

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