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$1,075,000
Kingston
33 Montgomery Boulevard, Kingston (City SouthWest), Ontario, K7M3N7
This multi-family property in Kingston is for sale offering roughly 4,250 sq ft of space. It has been on the market 36 days, fresher than the Kingston average of 42 days.
Investors, take note! This well-maintained four-unit building is ideally located in Kingston's sought-after Reddendale neighbourhood. With four spacious two-bedroom units, generous parking and a long-standing rental history, this property offers an established multi-residential opportunity in a highly desirable setting. Each unit features a spacious two-bedroom, one-bathroom layout with in-suite laundry. The two lower-level units offer full walkouts, while the upper units feature private decks. Each unit includes two designated parking spaces. The property has been maintained and updated over the years, with improvements including a shingled roof, cedar decks, vinyl windows, flooring, paint and more. Reddendale is a well-established neighbourhood known for its attractive residential setting and convenient access to Lake Ontario, parks, schools, walking routes and everyday amenities. Residents enjoy easy access to the waterfront and nearby green spaces, while public transit and convenient road connections provide access to downtown Kingston and surrounding areas. The neighbourhood offers a desirable balance of established community character, outdoor amenities and urban convenience. The property's spacious layouts, ample parking, established occupancy history and desirable location make this a compelling four-unit offering in one of Kingston's sought-after neighbourhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 42 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This 8-bed multi-family in Kingston (City SouthWest) has been listed for 36 days, which is 6 days fresher than the city average of 42. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,075,000, about 13.9× the local median household income of $77,500.
Carrying it typically needs a household income of about $209,985 (20% down, 25-yr amortization, stress-tested) — roughly 171% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.