187 Montreal St
Montreal St, Inner Harbour, Kingston, ON, K7K 3G5
Quick Summary
Quick Summary
- Exceptional investment opportunity in vibrant downtown.
- Thoroughly upgraded interior in 2019/2020 with new features.
- Generating $60,000 gross annual income with both units rented.
- Potential for severance and further development.
- Prime access to amenities, offices, shops, and waterfront.
- Separate utilities for individual control over living spaces.
- Upgraded windows, siding, and shingles in recent years.
- Opportunity to live in one side and rent the other.
Nestled in Kingston’s vibrant Inner Harbour neighbourhood, 185-187 Montreal St. presents an exceptional investment opportunity. Conveniently situated within walking distance to McBurney Park (6 minutes), Artillery Park (7 minutes), and Princess St (10 minutes), this semi-detached duplex enjoys prime access to downtown offices, shops,... Show More
Nestled in Kingston’s vibrant Inner Harbour neighbourhood, 185-187 Montreal St. presents an exceptional investment opportunity. Conveniently situated within walking distance to McBurney Park (6 minutes), Artillery Park (7 minutes), and Princess St (10 minutes), this semi-detached duplex enjoys prime access to downtown offices, shops, restaurants, the waterfront, and Queen’s University. Each unit offers three bedrooms including a spacious loft, a modern kitchen, open living/dining areas, second-floor laundry, and parking for four cars.The entire property underwent a thorough interior upgrade in 2019/2020, including a full rebuild from the studs up while preserving original hardwood floors. New features comprise of insulation, drywall, paint, custom kitchens, stainless-steel appliances (two of each: fridges, dishwashers, stoves, furnace, A/C , and laundry units), renovated bathrooms, bedrooms, a finished third-floor den/bedroom, doors, trim, and exterior landscaping. In 2012, windows and siding were also upgraded and the shingles in 2022. With separate utilities for each unit, tenants have individual control over their living spaces. Currently generating a total gross income of $60,000 annually with both units rented, the future owner can continue as a landlord or live in one side and rent the other as one side will be vacant June 1 2024. Additionally, with the potential for severance, there are opportunities for further development or customization. Boasting proximity to amenities and abundant potential, this duplex stands as a true gem in Kingston's real estate market. (id:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
4pc Bathroom
8′6″ x 7′6″
Bedroom
11′1″ x 8′9″
Bedroom
11′7″ x 9′8″
4pc Bathroom
8′6″ x 7′9″
Bedroom
12′ x 9′1″
Bedroom
10′3″ x 10′4″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 5
- 2
- 600 - 699 Sq. Ft.
- 1
- 1
- 2
- 2
- 500 - 599 Sq. Ft.
- 1
- 1
- 700 - 799 Sq. Ft.
- 1
- 1
- 500 - 599 Sq. Ft.
- 1
- 1
- 600 - 699 Sq. Ft.
- 1
- 1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.