15 Montreal Street, Kingston, ON K7L 3G7

Kingston K7L 3G7 Ontario

MLS: X12456901

$1,089,000

Added 4 hours ago | For Sale

Listed by: RE/MAX RISE EXECUTIVES, BROKERAGE

About Property

Located just steps from Hotel Dieu Hospital and several municipal parking lots, this property offers both immediate income and future potential. The ground floor and lower level provide approximately 1,875 sq. ft. of commercial space, featuring a welcoming reception area, three private offices, a spacious meeting room, two washrooms, and a kitchenette with interior stairs connecting both levels. Large front windows extend natural light into both the main and lower areas, creating a bright and versatile workspace ideal for a variety of business uses. Currently vacant, the commercial space presents an excellent owner-occupier or leasing opportunity. The upper two floors include four residential units - three two-bedroom apartments and one one-bedroom apartment - all fully leased. Annual residential income totals $61,074.60, with the projected commercial income of $35,940, offering a strong return in a highly desirable downtown location.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 40.31 X 36.43
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Princess Street to Montreal Street
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $16852.82
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12456901

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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