70 Montreal St
Kingston, K7K 3E8
FOR SALE
$979,000
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4 + 1
BEDROOMS3
BATHROOMS3
KITCHENS5 + 2
ROOMSX9419950
MLSIDContact Us
Property Description
Discover 70 Montreal St, Kingston, Ontario, a fully renovated heritage triplex with three private entrances. Built in the 1880s, this charming property seamlessly blends historic character with modern updates, offering an exceptional investment opportunity. Each of the three apartments has been thoughtfully updated within the last four years to ensure both comfort and style. Located just a 15-minute walk from Queens University and minutes from grocery stores, gyms, and downtown Kingston, this property is ideal for owner occupancy with additional income from the other two units. As an added bonus, all contents shown in the photos are included in the sale. For a detailed property evaluation and additional information, refer to the sales brochure below.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-27 | 2024-10-19 | 22 | $1,069,000 | - | Terminated |
| 2024-08-01 | 2024-09-27 | 57 | $1,099,900 | - | Terminated |
| 2020-11-17 | 2021-01-31 | 76 | $749,900 | - | Expired |
| 2020-10-26 | 2020-11-17 | 22 | $749,900 | - | Terminated |
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Property Details
Street
City
Property Type
Triplex, Backsplit 3
Approximate Sq.Ft.
3000-3500
Lot Size
18' x 66'
Fronting
East
Taxes
$4,662 (2024)
Basement
Apartment, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Rt-Of-Way
Garage Type
None
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Kingston Market Statistics
Kingston Price Trend
70 Montreal St is a 4-bedroom 3-bathroom home listed for sale at $979,000, which is $195,559 (25.0%) higher than the average sold price of $783,441 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Kingston declined by $252,949 (24.4%) compared to the previous 30 day period (September 22 - October 21) and up $173,441 (28.4%) from the same time one year ago.Inventory Change
There were 39 4-bedroom homes listed in Kingston over the last 30 days (October 22 - November 20), which is down 62.9% compared with the previous 30 day period (September 22 - October 21) and up 1,200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kingston typically sold ($8,538) (1.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $17,022 increase compared to the previous 30 day period (September 22 - October 21) and ($39,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Kingston over the last 30 days (October 22 - November 20) stood at 2,069.2%, up from 9.5% over the previous 30 days (September 22 - October 21) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Kingston stood at 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Strata Real Estate
Similar Listings
Excellent Investment Opportunity! This triplex includes three spacious and bright units all with 2-bedrooms and 1 full bathroom, updated flooring throughout and laundry in each unit. Other updates include a new asphalt roof in 2021, newer hot water heaters and windows. The double driveway offers parking for 4 cars, along with an attached garage with parking for one. Fully rented out at $4,856 per month (tenants pay for hydro) or an annual gross income of $58,272,with potential for additional and improved income. Centrally located on Princess Street, only steps to local transit and minutes from downtown Kingston, St. Lawrence College, Queens University and also shopping, restaurants and businesses in the west end.
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