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MLS® X13079212

Overview

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage 
Taxes $20,489
Days Active 83
Lot Size 
Approx. Age 
MLS® Number X13079212

Property Address: 627 Princess St, Kingston, ON, K7L1E2

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a development-ready site with approvals in place along one of Kingston's most active urban growth corridors. Prime multi-residential development opportunity in Kingston's rapidly transforming Williamsville corridor. This offering includes two separately deeded parcels- 627 Princess Street and 518 Albert Street- being sold together as a single package in a high-demand intensification area. 627 Princess Street benefits from approved plans for a six-storey residential building comprising 45 units (62 bedrooms), including a mix of bachelor, one-bedroom, one-bedroom plus den, and two-bedroom layouts. The proposed development includes approximately 33, 500 sq. ft. of above-grade space, amenity areas, bike storage, and surface parking, with approved vehicular access from Albert Street. 518 Albert Street provides additional density potential with zoning in place to permit a four-unit multi-family development, offering an excellent opportunity to complement or expand the overall project. Situated steps from Queen's University, major retail amenities, and Kingston Health Sciences Centre, the property is ideally positioned to serve a strong and growing rental market driven by students and healthcare professionals. The surrounding area is undergoing significant redevelopment, with numerous mid-rise residential projects completed, under construction, or in planning stages.Show Description
MLS® NumberX13079212
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,289,000

For Sale · 82 days

$1,289,000

MLS® X13079212

3 months ago

Not Sold Yet

May 2026, For Sale for $1,289,000

For Sale · 82 days

$1,289,000

MLS® X13079212

3 months ago

Not Sold Yet

May 2025, Withdrawn for $1,950,000

Withdrawn · 100 days

$1,950,000

MLS® X11979424

A year ago

Canceled on May 31, 2025

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