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$1,500,000
Available - For Sale
Listing ID: X11978054
Prepare to be impressed! Recently renovated & legal 4-plex is just 5 minutes from downtown via express bus, 10 minutes to Queens. All 4 units are 1,000 sq ft plus, with generous living space, full kitchen, 2 bedrooms and in-unit laundry (one unit could have 3rd bedroom added). Fully occupied with great tenants paying current market rents, owner's unit available for your preferred tenant if desired. Gross annual income over $110,000. Electrical all separately metered, 3 parking spaces out back, all work done with necessary permits. Fantastic building with nothing to do but enjoy your excellent ROI. Call now to see it!
Price $1,500,000
Minimum Rental Term: 12
Taxes: $6,000
Tax Type: Annual
Assessment: $405000
Assessment Year: 2024
Occupancy by: Own+Ten
Address: 300-304 Montreal St , Kingston, K7K 3H1, Ontario
Postal Code: K7K 3H1
Province/State: Ontario
Legal Description: PT LT 4 W/S MONTREAL ST, 5 W/S MONTREAL
Lot Size: 38.36 x 77.82 (Feet)
Directions/Cross Streets: Charles
Zoning: A.142, A
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: N
Total Area: 4,200
Total Area Code:  Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Taxes Expense: $6000
Insurance Expense: $5000
 Management Expense: 0
Maintenance: 0
 Hydro Expense:  $5500
Water Expense: $2500
Gross Income/Sales: $110400
Operating Expenses: $20200
Net Income Before Debt: $90200
Expenses Actual/Estimated: $Est
Sprinklers: N
Outside Storage: N
Volts: 240
Heat Type: Baseboard
Central Air Conditioning: Part
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

300-304 Montreal St , Kingston, K7K 3H1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Frontenac
Municipality: Kingston
Neighbourhood: East of Sir John A. Blvd
Style:
Lot Size: 38.36 x 77.82(Feet)
Approximate Age: 31-50
Tax: $6,000
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
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