160 PRINCESS STREET, Kingston (East of Sir John A. Blvd)

$229,000

For sale: Other

Other at 160 PRINCESS STREET, Kingston (East of Sir John A. Blvd)
Property type
Sale Of Business
MLS®
MLS® X13021840
Neighbourhood
22 - East of Sir John A. Blvd

Discover a fully operational, well-appointed restaurant located on Princess Street in the heart of Kingston's vibrant downtown core. This turnkey business offers a unique and authentic concept - specializing in hand-pulled Lanzhou noodles and a broad menu of Chinese-and-Asian cuisine - popular with both local residents, post-secondary students and tourists alike. The modern, inviting dining space benefits from excellent visibility, steady foot traffic and the reputation of a beloved local destination. With thoughtfully designed kitchen and service areas, the business is ready for a new owner to step in and build on strong foundations: immediate revenue opportunities, existing loyal clientele and a prime location ideally suited for growth. Don't miss this rare chance to acquire a well-established dining venue in one of the city's most desirable hospitality zones.

Sold data

Homes in Kingston (East of Sir John A. Blvd) — recent sold market

Homes in Kingston (East of Sir John A. Blvd) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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 (East of Sir John A. Blvd)

Kingston (East of Sir John A. Blvd) 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 (East of Sir John A. Blvd)

  • 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 160 PRINCESS STREET