Description

 Price: $ 1,149,900.00 MLS^®: X12720228         Location : 31 Montgomery Boulevard, Kingston, ON K7M 3N7

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 Description

Front Road and Montgomery Blvd

Property Details

• Community: 28 - City SouthWest
• Property Type: Tenant/Commercial
• Bedrooms: 10
• Bath: 6
• Garages: None

Building Features

Features

• Heating: Baseboard Electric