70 Montreal Street, Kingston, Ontario K7K 3E8
TRIPLEX
4 + 1 Bedrooms
3 Bathrooms
Downtown
About the Property
Discover 70 Montreal St, Kingston, Ontario – a fully renovated heritage triplex with three private entrances. Built in the 1880s, this charming property seamlessly combines 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 Queen’s University and minutes from grocery stores, gyms, and downtown Kingston, this property is ideal for student rentals or owner occupancy, with additional income from the other two units. Alternatively, it can serve as a long-term rental and two high-performing Airbnb units.
For those interested in continuing the successful Airbnb business, future bookings, all existing contractors, business relationships and the Airbnb account can be easily transferred. All items as per the photos are included, except for the items listed in the exclusions.
For a detailed property evaluation and additional information, refer to the sales brochure below.
PROPERTY FEATURES
Close to Downtown
Multiple Income Streams
Ideal For Portfolio Expansion
Potential for Long Term Expansion
Stable Rental Demand
PROPERTY INFO
Beds 4 + 1
Bathrooms 3
Units 3
Year Built 1880
LOT INFORMATION
Listing Type Multi-family
Lot 0.022 Acres
Heating Forced Air, Gas
Cooling Wall Unit
County Frontenac
More Information
Option 1
Owner Occupied With Income Potential
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Why invest in Kingston?
Kingston is rapidly becoming one of Ontario’s most attractive cities for real estate investment, and there are a few key reasons why investors should be paying attention.
1. Low Vacancy Rate In 2023, Kingston’s rental vacancy rate was just 0.8%, one of the lowest in the province. This low vacancy rate signals a high demand for rental properties, which is ideal for investors seeking consistent rental income. With such strong demand, finding tenants is rarely an issue, reducing the risk of extended vacancies and ensuring steady cash flow.
2. High Rental Demand Kingston’s diverse renter base is another reason the market is so strong. The city is home to prestigious educational institutions like Queen’s University, the Royal Military College, and St. Lawrence College, which means a constant influx of students. On top of that, young professionals and families are choosing Kingston for its quality of life and job opportunities, driving further demand for rental properties. This mix of renters ensures a stable market year-round.
3. Prime Location Strategically located between Toronto, Ottawa, and Montreal, Kingston offers easy access to over 14 million people. Its central location makes it attractive not only for renters but also for future buyers. This means your investment benefits from a broader market base, adding long-term value to your property.
Investing in Kingston offers the kind of stability and growth that savvy investors look for. With a strong rental market, a diverse pool of tenants, and a strategic location, it’s a city that promises both immediate returns and long-term potential.
Why Visit Kingston?
Kingston is a vibrant city rich in history, culture, and scenic beauty. With its charming waterfront, bustling downtown, and diverse neighborhoods, it's the perfect destination for exploring heritage sites, enjoying outdoor activities, and savoring the best of Canadian hospitality.
Fort Henry National Historic Site
Fort Henry continues its role as a museum and historic site to visitors from all around the world. Once inside the wooden gates, enter the realm of 19th century military life.
Ride The Kingston Trolley
The adorable red trolley’s make nine stops across downtown Kingston covering historic old town, the downtown shopping district, and travels east towards Fort Henry and west towards Kingston Penitentiary.
1000 Islands
This is where you can see castles straight out of a storybook and ancient shipwrecks that met their fate in the depths of our waters.
Kingston Penitentiary
Tours of Kingston Penitentiary offer a rare and unique opportunity to go behind the walls of Canada's oldest and most notorious maximum security prison.
Queen's University
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Queen's is a leading, research-intense university in Canada offering an inclusive, transformative education that will prepare you to make a global impact
Sunset Dinner Harbour Cruise
Enjoy a three-course meal served to your table aboard the glass-topped Island Star, featuring stunning Kingston waterfront views and live entertainment.
MEET YOUR AGENTS
Jordan McGregor
REALTOR®
With over two decades in the real estate industry, I've dedicated my career to understanding and navigating the Kingston market. My name is Jordan McGregor, and I pride myself on my extensive knowledge in property investments. Throughout my time in Kingston, I've not only witnessed its incredible growth but have actively played a role in its real estate evolution. My commitment is to provide unparalleled expertise and insights, whether you're just starting out or are a seasoned investor. In Kingston's ever-changing property landscape, I'm here to guide you every step of the way.
Kateryna Topchii
REALTOR®
Hi, I'm Kateryna, your real estate guide. Originally from Ukraine, I've been in Kingston for over five years, combining my international background with a deep understanding of the local market.
With a Master's degree in economics and experience as a financial manager in property management, I offer personalized service tailored to your unique real estate needs. Whether you're seeking your dream home or an investment opportunity, I'm here to make it a smooth and successful journey. I'm not just a real estate agent, but a partner dedicated to turning your real estate dreams into reality.