641 Princess Street, Kingston, ON K7L 1E4, Kingston, ON
0.741 sqft
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.
Property Highlights
For Sale
MLS NO.
X12356113
Type
Commercial
Sub Type
Investment
Square Footage
0.741 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12356113
Security Features
No
Lot Width
228.0
Lot Size
0.741
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
No
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
641 Princess Street, Kingston, ON K7L 1E4
City
Kingston
Neighbourhood
14 - Central City East
County / Region
Frontenac
Province / State
ON
Postal Code
K7L 1E4
Cross Street
Princess St and Victoria Street
Directions
East of Bath Road/Concession/Princess St on the north east corner of Princess St and Victoria Street
Country
CA
List Price
$3,950,000
Annual Taxes
$74,769
Tax Year
2025
Legal Description
See attached
Possession Type
Flexible
Possession Details
To be determined
Listing Office
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Board
Kingston & Area Real Estate Association
Original Entry
2025-08-21T01:34:36Z
Media Updated
2026-01-20T16:47:24Z
Photos Updated
2025-08-21T01:34:37Z
Last Modified
2026-01-20T16:54:29Z
System Modified
2026-01-20T16:54:29.171004Z
MLS Status
Price Change
Basement Yn
No
Co List Office Name
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Ddfyn
Yes
Expiration Date
2026-04-30
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
360720188
Public Remarks
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.
