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Home ON Greater Kingston Kingston Inner Harbour
442-444 MONTREAL STREET
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442-444 MONTREAL STREET $550,000
3 days ago
$550,000
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442-444 MONTREAL STREET
Kingston, Ontario K7K3H7

MLS® Number: X9005214
4
Bedrooms
4
Bathrooms
-
Square Feet

Listing Description

Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots. (36118400)

Property Summary

Property Type
Single Family
Building Type
Fourplex
Storeys
2
Land Size
56.08 x 105.04 FT
Annual Property Taxes
$5,647
Total Parking Spaces
3
Time on REALTOR.ca
3 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
4
Interior Features
Appliances Included
Refrigerator, Stove, Two stoves
Basement Type
Crawl space
Building Features
Foundation Type
Concrete
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Wood
Parking
Total Parking Spaces
3
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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