442-444 Montreal Street
Kingston, Ontario K7K3H7

4 beds · 4 baths · null

Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots. (id:39198)

Facts & Features

Building Type Fourplex

Year built

Square Footage

Stories 2

Bedrooms 4

Bathrooms 4

Parking 3

Neighbourhood

Land size 56.08 x 105.04 FT

Heating type Forced air

Basement typeCrawl space

Parking Type

Time on REALTOR.ca16 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: MYSAK REALTY INC.

Powered by: REALTOR.ca

Home price

$550,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$5,003 / month

Rent $4,424

Savings $579

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$4,409 / month

Rent $4,289

Savings $120

Initial deposit 5%

Savings target Fixed at 5%

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