427 PRINCESS ST. & 177-181 DIVISION Street, Kingston, ON K7K 3Y9
$3,750,000
427 PRINCESS ST. & 177-181 DIVISION Street, Kingston, ON K7K 3Y9, Kingston, ON
9600.0 sqft
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
Property Highlights
For Sale
MLS NO.
X13230038
Type
Commercial
Sub Type
Investment
Square Footage
9600.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13230038
Total Kitchens
0
Lot Width
106.0
Lot Size
0.14
Garage Type
Outside/Surface
Cooling
Partial
Heat Source
Other
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
427 PRINCESS ST. & 177-181 DIVISION Street, Kingston, ON K7K 3Y9
City
Kingston
Neighbourhood
22 - East of Sir John A. Blvd
County / Region
Frontenac
Province / State
ON
Postal Code
K7K 3Y9
Cross Street
On Princess Street at the intersection with Division Street
Directions
At the corner of Princess Street and Division Street
Country
CA
List Price
$3,750,000
Annual Taxes
$23,541
Tax Year
2026
Legal Description
LT 25 RCP 1642 KINGSTON CITY T/W FR264361, FR349479, FR349882; S/T INTEREST IN FR264361; KINGSTON; THE COUNTY OF FRONTENAC
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
