15 Montreal Street Kingston, Ontario K7L 3G7

$499,900

An exceptional opportunity for investors, contractors, and visionaries to restore and reposition a mixed-use property in the heart of downtown Kingston. Located just steps from Hotel Dieu Hospital and several municipal parking lots, this property offers tremendous potential for those looking to create long-term value through renovation and redevelopment.The building features approximately 1,875 sq. ft. of commercial space on the ground floor and lower level, including a reception area, private offices, a meeting room, two washrooms, a kitchenette, and interior access between levels. Large front windows provide excellent natural light, creating a flexible layout suitable for a variety of commercial uses.The upper two floors include four residential units, comprised of three two-bedroom apartments and one one-bedroom apartment. Once restored, the property presents a rare opportunity to hand-select both commercial and residential tenants, allowing a new owner to establish strong tenancy from the outset.Whether you are looking for your next renovation project, value-add investment, or a property with significant income potential, this downtown Kingston building offers the chance to bring a well-located asset back to life and create a strong mixed-use investment for years to come. (id:49269)

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https://www.realtor.ca/real-estate/29877996/15-montreal-street-kingston-central-city-east-14-central-city-east