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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Bungalow
Total Approx Floor Area:
2000-2500
Lot Depth:
150'45.7 m
Lot Frontage:
70'21.3 m
Direction Faces:
West
Bedrooms:
10
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
10
Kitchens Above Grade:
6
Rooms Above Grade:
28
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$7,506 /
2026
Assessment:
$- /
2025
Frontenac
Kingston
28 - City SouthWest
Accessory Apartment, In-Law Suite, In-Law Capability, Water Heater
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