$1,500,000
Available - For Sale
Listing ID: X11978054
300-304 Montreal St , Kingston, K7K 3H1, Ontario
| Prepare to be impressed! Recently renovated & legal 4-plex is just 5 minutes from downtown via express bus, 10 minutes to Queens. All 4 units are 1,000 sq ft plus, with generous living space, full kitchen, 2 bedrooms and in-unit laundry (one unit could have 3rd bedroom added). Fully occupied with great tenants paying current market rents, owner's unit available for your preferred tenant if desired. Gross annual income over $110,000. Electrical all separately metered, 3 parking spaces out back, all work done with necessary permits. Fantastic building with nothing to do but enjoy your excellent ROI. Call now to see it! |
| Price | $1,500,000 |
| Minimum Rental Term: | 12 |
| Taxes: | $6000.00 |
| Tax Type: | Annual |
| Assessment: | $405000 |
| Assessment Year: | 2024 |
| Occupancy: | Own+Ten |
| Address: | 300-304 Montreal St , Kingston, K7K 3H1, Ontario |
| Postal Code: | K7K 3H1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 4 W/S MONTREAL ST, 5 W/S MONTREAL |
| Lot Size: | 38.36 x 77.82 (Feet) |
| Directions/Cross Streets: | Charles |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | N |
| Total Area: | 4200.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 31-50 |
| Taxes Expense: | $6000 |
| Insurance Expense: | $5000 |
| Management Expense: | 0 |
| Hydro Expense: | $5500 |
| Water Expense: | $2500 |
| Gross Income/Sales: | $110400 |
| Operating Expenses: | $20200 |
| Net Income Before Debt: | $90200 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Washrooms: | 4 |
| Outside Storage: | N |
| Volts: | 240 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Part |
| Sewers: | Sanitary |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP-MASTERS REALTY INC., BROKERAGE |
|
|
HARMOHAN JIT SINGH
Sales Representative
Dir:
(416) 884 7486
Bus:
(905) 793 7797
Fax:
(905) 593 2619
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | East of Sir John A. Blvd |
| Lot Size: | 38.36 x 77.82(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $6,000 |
| Baths: | 4 |
Locatin Map:
Payment Calculator:
