For Sale Multi-Family

624 Princess Street

$2,499,900 Est. $11,069/mo ↓

Kingston, Ontario K7L 1E3

0.377 Ac Lot size
90 days ago Listed
Virtual tour Partially Air Conditioned Forced Air

About this home

Premier Multi-Parcel Development Opportunity: Spanning three combined municipal addresses (624 Princess St, 173 & 177 Nelson St), this assembly sits at the heart of the Williamsville District - Kingston's most rapidly intensifying urban center. The property is surrounded by a wave of successful nearby projects. This site offers developers immediate scale in the rapidly transforming Williamsville area of the downtown core. With significant residential growth already flanking the property, this location is perfectly positioned to capture the demand from young professionals, seniors and families wanting to live close to the downtown core. Located in close proximity to Queen's University, Kingston Health Sciences Centre (formerly known as Hotel Dieu Hospital), and many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin and the Slush Puppie Place (sports entertainment facility). Further details on the attached information sheet. (id:28469)

Facts & features

Property

MLS® Number
X13004372
Property Type
Multi-family
Community Name
14 - Central City East
Farm Type
Other
Features
Irregular Lot Size

Building

Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Size Frontage
64 Ft ,11 In
Size Irregular
0.377
Size Total
0.377 Ac
Size Total Text
0.377 Ac
Zoning Description
Wm1 And Ur5

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$11,069/mo
Ontario land transfer tax
$48,973 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Central City East market

90 Active listings
$754,450 Median asking price
231% above median This home
41 days Avg. time on market
Browse all Central City East listings →

Location

624 Princess Street, Kingston, Ontario K7L 1E3  ·  Get directions

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