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    For Sale - 641 Princess Street, Kingston, Ontario

    Est payment $18,968/mo
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    Views   1
    Time on Jump  197 day

    AI Summary *

    • Prime development site at a busy intersection in Kingston's intensification corridor.
    • Proposal includes 116 residential units and commercial space on the ground floor.
    • Retains existing Heritage building while integrating modern design elements.
    • Parking includes one level of underground space for convenience.
    • Close to Queen's University and major local attractions for easy access.




    Prime infill development opportunity at the corner of princess street and victoria street which includes four (4) separate parcels (641& 647 princess st and 575 & 575 victoria street), located within kingston's designated intensification corridor. Pre-application report on file, completed by fotenn consulting (from july 2025), and has received initial support by planning staff of the city of kingston. Initial plans suggest a mix of commercial and residential uses at grade and new residential units to be built out above, which meaningfully integrates the williamsville main street policy and provides a new building that is compatible with the existing built form and heritage context of the area. Description of proposal: pre-application proposal to construct a 6-storey mixed-use building, featuring approximately 116 new residential dwelling units and 555 square metres of ground floor commercial space oriented along princess street, on the lands municipally known as 575- 577 victoria street and 641-647 princess street. Parking for the subject property will be provided through one level of underground parking, with a total of 54 vehicular parking spaces, and 2 above-grade loading spaces. Access to the underground parking area, and loading spaces, will be provided via victoria street with as much separation as possible provided from the intersection. The existing 2-storey heritage building (currently leased by the yellow deli) is proposed to be retained, with partial demolition of the addition along the victoria street and princess street frontages. Located in close proximity to queen's university, kingston health sciences centre (formerly known as hotel dieu hospital), many of kingston's tourist hub locations such as springer market square, memorial centre and agricultural grounds, confederation basin & the slush puppie place (sports entertainment facility). Seller willing to provide seller financing, subject to review of the buyer. Details on the attached flyer.
    Listing IDX12356113
    Address641 Princess Street
    CityKingston, Ontario
    Price$3,950,000
    StyleInvestment
    Land Size0.741
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling OtherSewer Sanitary+Storm

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    Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    641 Princess Street
    Kingston , Ontario
    $3,950,000
    Get more info