790 Progress Avenue Kingston, Ontario K7M 4W9
$3,690,000
Built-in 2000, this quality built 18 unit apartment building is ideally located in Kingston’s West End at the corner of Progress Avenue and Taylor Kidd Boulevard. The complex is situated on a 1.17 acre parcel land and provides 34 parking spaces. There are 12 two bedroom units, 3 one bedroom units, and 3 three bedroom units. Floor plans of each style of unit is provided in the documents section. Rental income is $295,704, parking income is $10,200, Laundry income is $5,300, air conditioning income is $1125 . Total income is $312,329. Expenses for 2023 are municipal taxes $40,600.89, Enbridge (gas) $10,359.97, water/sewer $7770.97, Hydro One (electrical) $12,260.99, insurance $10,815 and maintenance is estimated (at 5% of Gross rent) $14,785.20. Total Expenses are estimated at $96,593.02 (id:28880)
Property Details
| MLS® Number | 40582153 |
| Property Type | Multi-family |
| Amenities Near By | Park, Playground, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Equipment Type | Other |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 34 |
| Rental Equipment Type | Other |
| Structure | Shed, Porch |
Building
| Bathroom Total | 18 |
| Bedrooms Total | 34 |
| Basement Type | None |
| Constructed Date | 2000 |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 3 |
| Size Interior | 19300 |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 149 Ft |
| Size Frontage | 342 Ft |
| Size Irregular | 1.17 |
| Size Total | 1.17 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.17 Ac|1/2 - 1.99 Acres |
| Zoning Description | R5-4 |
https://www.realtor.ca/real-estate/26837958/790-progress-avenue-kingston
Interested?
Contact us for more information
John Hinton
Broker
www.thehintonteam.com/
105-1329 Gardiners Rd
Kingston, Ontario K7P 0L8
(613) 389-7777
https://remaxfinestrealty.com/
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May 06 2024 03:14:03
Kingston & Area Real Estate Association
RE/MAX Finest Realty Inc., Brokerage