1414 AUDREY STREET, Kingston (City North of 401)

$6,800,000

For sale: Other

Other at 1414 AUDREY STREET, Kingston (City North of 401)
Property type
Sale Of Business
MLS®
MLS® X13636404
Neighbourhood
44 - City North of 401

RARE OPPORTUNITY to acquire an established, income-producing self-storage facility together with residential accommodations on an approximately 9-acre site offering convenient access to the Highway 401 corridor in Kingston. The self-storage facility includes 258 storage units with approx. 27,300 sq. ft. of total rentable storage area. All areas and unit counts are approximate and subject to purchaser verification. The offering also includes an approx. 3,000 sq. ft. residence with 4 bdrms, 2.5 bthrms and finished basement, together with an attached attached secondary suite (approx. 1,450 sq.ft.) featuring 2 bdrms and 1.5 bthrms and an attached 2-car garage. Live on site while operating the business, accommodate an on-site manager, or lease the residential components for additional income. Storage demand in the Kingston trade area is supported by household moves and downsizing, contractors and trades, seasonal and recreational storage, and small-business inventory requirements. Potential value-add opportunities include rate optimization, online rentals and automation, ancillary revenue streams, and possible additional container capacity across the expansive site, subject to purchaser verification and all required approvals. Turn-key operation with an established brand and broad tenant base, well suited to owner-operators, private investors and storage groups seeking a stabilized asset with growth potential. Sale includes the land, buildings and operating business. Detailed financial statements, rent roll and operating information are available to qualified purchasers upon execution of a confidentiality agreement. Showings by appointment only through the Listing Brokerage. Please do not attend the property unaccompanied or disturb staff, tenants or occupants of the on-site residence.

Sold data

Homes in Kingston (City North of 401) — recent sold market

Homes in Kingston (City North of 401) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 48, across 430 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $599,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$599,900
Sale-to-list ratio
97.5%
Sold above asking
11%

Based on 430 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kingston (City North of 401)

Kingston (City North of 401) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (City North of 401)

  • R Gordon Sinclair — elementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulin — elementary, KingstonFraser rating 7.8/10
  • Rideau — elementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivan — elementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybon — elementary, KingstonFraser rating 7.7/10
  • Winston Churchill — elementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1414 AUDREY STREET