Description
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.
Highlights
Additional upgrades: hvac units (2022), new roof (2024), and newly landscaped front entrance (2024). Open House on Sunday, September 22nd between 2-4pm.
Property Details
- Community:
- City: Kingston
- Property Type: Residential
- Style: Triplex(Backsplit 3)
- Bedrooms: 4+ 1
- Bath: 3
- Garages: None (0.0 Space)
Features
- Exterior: Brick
- Heating: Forced Air , Gas
- Sewer/Water Systems: Sewers , Municipal
Listing Contracted With: STRATA REAL ESTATE
