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For Sale

31 Montgomery Boulevard

28 - City SouthWest, Kingston, ON
$1,149,900
10Bd
6Ba
2,250+sqft
6Parking
70 x 150 ftlot
$511/sqft
MultiplexMLS# X12720036Listed 2026-01-2290 DOM
Heating
Water Heater

On the market for 90 days — longer than average. The seller may be open to negotiation.

About this home

Solid 6-unit apartment investment located on prestigious Montgomery Boulevard in Kingston's sought-after Reddendale neighbourhood. This well-positioned multi-residential asset benefits from immediate access to public transit and is just steps to nearby parks, walking trails, and Lake Ontario waterfront. The property currently grosses $107,336.64 annually, with upside to be realized through tenant turnover.The building is efficiently configured, features a durable metal roof, has had recent large capital investment and is electrically heated, helping reduce maintenance and operational complexity. Situated in a stable, low-vacancy neighbourhood with strong rental demand, 31 Montgomery Boulevard represents an excellent opportunity for investors seeking a turn-key income property with future value-add potential in one of Kingston's most desirable residential corridors. Currently professionally managed by Axon Property Management.

Waterfront

Features

  • Accessory Apartment
  • In-Law Suite
  • In-Law Capability
  • Water Heater
  • Apartment
  • None
  • Bungalow

Financials

Annual Taxes
$7,506

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield4.7% – 7.3%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Kingston

Days on market90 days
Buyer's MarketSeller's Market

Based on active listings in Kingston. Data updates daily.

Our estimate for this home

Priced 23.9% above estimate
Estimated range
$858K$998K
Mid-point $928K · ~$412/sqft
How this listing compares
$858KList · $1.15M$998K
High confidence·Based on 41 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,149,900
31 Montgomery Boulevard, Kingston
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