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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X13230038
Annual Tax Amount $23,540
Tax Year 2026
Property Sub-Type Investment
Property Description
An exceptional opportunity to acquire one of the most prominent, high-visibility corner locations in the heart of downtown Kingston's vibrant entertainment and student district, locally known as "The Hub." Offered together as one contiguous parcel, 427 Princess Street and 177-181 Division Street feature a premier mixed-use property at a major signalized intersection. The building includes two ground-level commercial units totaling approximately 2,540 square feet of retail or office space, paired with six residential units encompassing a total of 19 bedrooms. Configured to maximize rental yield, this property offers significant upside potential to optimize and transition existing rents to current market rates. The location boasts an unparalleled walk score, situated within comfortable walking distance to Queen's University, both major hospitals (HDH and KGH), the scenic waterfront, and is considered the gateway to Kingston's downtown core. Surrounded by essential infrastructure and flanked by numerous recent large-scale, high-density residential developments, this premier corner represents a secure, high-growth acquisition primed to capitalize on Kingston's robust institutional and rental demand
Location
Province ON
County Frontenac
Area Frontenac
Zoning DT1
Rooms
Kitchen 0
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 106.0
Lot Depth 92.0
Building
Lot Description Irregular Lot
New Construction false
Others
ParcelsYN No
Listed by ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE
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