Key Facts
- MLS® #: X12720036
- Property ID: SIRC3067081
- Property Type: Residential, Multiplex
- Lot Size¹: 10,500 sq.ft.
- Bedrooms: 10
- Bathrooms: 6
- Parking Spaces: 6
- Listed By:
- AXON REAL ESTATE BROKERAGE INC.
Property Description
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.
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Location
31 Montgomery Blvd, Kingston, Ontario, K7M 3N7 Canada
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