A rare opportunity to acquire a significant waterfront land assembly in the heart of downtown Kingston. Situated along the highly sought-after King Street West corridor, 440-462 King Street West offers exceptional scale, frontage, and positioning just minutes from Queen's University, the downtown core, and Kingston's vibrant waterfront. This property presents a compelling opportunity for redevelopment or long-term strategic investment in one of Eastern Ontario's most supply-constrained urban markets. Surrounded by a dynamic mix of institutional, residential, and commercial uses, the site is ideally suited for a range of potential applications, including purpose-built rental, student housing, mixed-use development, or boutique condominium projects (subject to approvals). Kingston continues to experience strong demand for centrally located housing, driven by its growing population, major institutional anchors, and limited availability of development land within the urban boundary. Properties of this size and waterfront proximity are increasingly rare, making this a unique opportunity to deliver a transformative project in a high-demand location. Whether viewed as a redevelopment play or a long-term hold, 440-462 King Street West offers location, scale, and future upside in one of Kingston's most desirable corridors. (id:28469)
Facts & features
Property
MLS® Number
X14120108
Property Type
Institutional - Special Purpose
Community Name
14 - Central City East
Farm Type
Other
Features
Irregular Lot Size
Building
Cooling Type
None
Heating Type
Other
Type
Special Purpose
Utility Water
Municipal Water
Land
Acreage
Yes
Sewer
Sanitary Sewer
Size Depth
775 Ft
Size Frontage
697 Ft
Size Irregular
8.29
Size Total
8.29 Ac
Size Total Text
8.29 Ac
Zoning Description
Institutional
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$42,950/mo
Ontario land transfer tax
$228,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.