815 Princess Street Kingston, Ontario K7L 1G6

$639,000

Prime Investment Opportunity! Versatile Development Potential! Unlock the potential of 815 Princess Street, one of the last remaining vacant land parcels near Kingston's bustling city centre. Conveniently positioned between Giant Tiger and Royal Bank, this high-traffic location offers two entrances, one from Princess Street and another from Drayton Street, making access seamless for future development. Strategic Location: Situated on Kingston's busiest street, walking distance to downtown, hospitals, Queen's University, and entertainment. Surrounded by retail, restaurants, and essential services. Development Possibilities: The vacant land/parking area is large enough to accommodate retail stores, restaurants, coffee shops, offices, nail and hair salons, and multi-storey residential units above the parking lot, maximizing both commercial and residential potential. Zoning Details and Permitted Uses: According to the City of Kingston By-law, this prime location allows for apartment buildings, daycare facilities, fitness centres, financial institutions, and many more permitted uses. Why Invest Now? Princess Street has been updated per City planning, enhancing the area's infrastructure and commercial viability. This property is positioned for exceptional growth, making it the perfect investment for entrepreneurs, developers, and investors looking to create a high-value property portfolio. (id:61253)

Property Details

MLS® Number	X10406496
Property Type	Vacant Land
Community Name	14 - Central City East

Building

Size Interior	3,078 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	100 Ft
Size Frontage	30 Ft
Size Irregular	30 X 100 Ft
Size Total Text	30 X 100 Ft
Zoning Description	C4 H(t1)

https://www.realtor.ca/real-estate/27615145/815-princess-street-kingston-central-city-east-14-central-city-east