For Sale Vacant Land

43 Portsmouth Avenue

$319,900 Est. $1,416/mo ↓

Kingston, Ontario K7M 1V3

1 Parking spaces
32.3 X 132.31 Ft, Under 1/2 Acre Lot size
4 days ago Listed

About this home

A rare opportunity directly across from St. Lawrence College! In 2023, a fire destroyed the former student rental, leaving the existing structure in need of removal and creating a unique opportunity to reimagine this property in an exceptionally strategic location. Now, a savvy investor, developer, or buyer with a vision can capitalize on the site's significant redevelopment potential. With St. Lawrence College directly across the street, this is an ideal location for student housing and an excellent opportunity to create a purpose-built income-producing property. The site could accommodate a duplex or triplex, while, subject to City of Kingston approvals and applicable zoning requirements, there may also be potential for a four-unit student rental with up to 10 bedrooms in total. All municipal services are available at the property, making this an attractive site for those looking to build and maximize its potential. Bring your vision and explore the possibilities this centrally located property has to offer. Not an investor or developer? The location and lot may also appeal to a first-time buyer, family, or retiree with the resources and vision to build a custom home in the heart of the city. Opportunities in this location are rare - don't miss the chance to create something truly special. (id:28469)

Facts & features

Property

MLS® Number
X13672680
Property Type
Vacant Land
Neighbourhood
Portsmouth
Community Name
18 - Central City West
Amenities Near By
Public Transit, Schools, Park, Hospital
Features
Irregular Lot Size, Flat Site
Parking Space Total
1

Building

Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Land Amenities
Public Transit, Schools, Park, Hospital
Sewer
Sanitary Sewer
Size Depth
132 Ft ,3 In
Size Frontage
32 Ft ,3 In
Size Irregular
32.3 X 132.31 Ft
Size Total Text
32.3 X 132.31 Ft|under 1/2 Acre
Surface Water
Lake/pond

Utilities

Cable
Available
Electricity
Available
Sewer
Available

The Central City West market

53 Active listings
$539,900 Median asking price
41% below median This home
33 days Avg. time on market
Browse all Central City West listings →

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
$1,416/mo
Ontario land transfer tax
$3,274 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $3,274 back on land transfer tax.

Location

43 Portsmouth Avenue, Kingston, Ontario K7M 1V3  ·  Get directions

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