Property Information:

686 Montreal Street is a legal 6-unit apartment building (6-plex) approx: 3,200-4,600 sq ft range (sources vary) 8 bedrooms total. 4 x 1 bedroom apartments and 2 x 2-bedroom apartments. Features: separate hydro meters per unit (tenant-paid utilities) shared laundry (basement). additional garage/workshop structure on site. Roof approx 10 yrs old. Electrical up grade 2 yrs ago. Common forced air furnace. Each tenant pays for their own hot water tank rental. From an investor standpoint: this is a classic Kingston cash-flow asset-older stock, separately metered, low operating complexity. planning / zoning insight (important for your project) from your pre-consult file (d00-139-1015) and city feedback: zoning: mui - mixed use 1 official plan: mixed use. What that means in practice: supports: multi-unit residential. conversions / intensification additional dwelling units (subject to site constraints) (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Stucco
Floor Space: 3000 - 3500 sqft Square Feet
Foundation Type: Block
Heating Type: Baseboard heaters, Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 9
Bathrooms: 6
Features: Flat site, Dry
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 143.6 Feet
Lot Frontage: 57.1 Feet
Lot Size: 57.1 x 143.6 FT
Utility Type: Hydro - Installed, Cable - Installed, Sewer - Installed
Zoning: M6.97
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 8

Courtesy of: SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

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Demographic Information of 686 MONTREAL STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 3J4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,290.02

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.43 %

High school certificate or equivalent

28.79 %

Apprenticeship trade certificate/diploma

5.65 %

College/non-university certificate

25.02 %

University certificate (below bachelor)

1.01 %

University Degree

21.11 %

Commuter

Travel To Work

By Car

74.74 %

By Public Transit

7.77 %

By Walking

11.42 %

By Bicycle

2.06 %

By Other Methods

4.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.19 %

Houses

47.81 %

686 MONTREAL STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 3J4