Development opportunity - Rare corner lot on Highway 2 in rapidly expanding and desirable residential community in the West end of Kingston. 3.67 acres zoned DR (development reserve) in Kingston Zoning By-Law 2022-62 designated 'Residential' within the current Official Plan. Sidewalks already in place along Westbrook Road frontage to Princess St. and services all available in the vicinity. (id:28469)
Facts & features
Property
MLS® Number
X13110770
Property Type
Vacant Land
Community Name
42 - City Northwest
Features
Irregular Lot Size, Partially Cleared, Flat Site
Land
Access Type
Highway Access, Year-round Access
Acreage
Yes
Size Depth
353 Ft
Size Frontage
157 Ft ,6 In
Size Irregular
157.52 X 353 Ft ; Irreg
Size Total Text
157.52 X 353 Ft ; Irreg|2 - 4.99 Acres
Zoning Description
I, Dr Development Reserve
Utilities
Cable
Available
Electricity
Available
Sewer
Available
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
$13,062/mo
Ontario land transfer tax
$60,225 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.