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$ 1,099,900
Est. payment /mo
Price Dropped by $50K
31 Montgomery BLVD Kingston, ON K7M 3N7
10 Beds
6 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 28 - City Southwest
MLS Listing ID X12720228
Bedrooms 10
Annual Tax Amount $7,505
Tax Year 2025
Property Sub-Type Investment
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.
Location
Province ON
County Frontenac
Area Frontenac
Rooms
Kitchen 6
Interior
Cooling No
Heat Source Electric
Exterior
Utilities Available Available
Lot Frontage 70.0
Lot Depth 150.0
Others
ParcelsYN No
Listed by AXON REAL ESTATE BROKERAGE INC.
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