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15 Montreal Street Kingston (Central City East), Ontario K7L 3G7

3000 sqft
None Radiant Heat

$1,089,000

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. (id:48744)

Property Details

MLS® Number X12456901
Property Type Retail
Community Name 14 - Central City East
FarmType Other
Features Irregular Lot Size

Building

CoolingType None
HeatingType Radiant Heat
SizeInterior 3000 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 36 Ft ,5 In
SizeFrontage 40 Ft ,3 In
SizeIrregular 40.31 X 36.43 Ft
SizeTotalText 40.31 X 36.43 Ft
ZoningDescription Dt1

https://www.realtor.ca/real-estate/28977529/15-montreal-street-kingston-central-city-east-14-central-city-east

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