440-462 KING STREET W, Kingston (Central City East)

$9,700,000

For sale: Other

Other at 440-462 KING STREET W, Kingston (Central City East)
Property type
Commercial Retail
MLS®
MLS® X13098142
Neighbourhood
14 - Central City East

A rare opportunity to acquire a significant waterfront land assembly in the heart of downtown Kingston. Situated along the highly sought-after King Street West corridor, 440-462 King Street West offers exceptional scale, frontage, and positioning just minutes from Queen's University, the downtown core, and Kingston's vibrant waterfront. This property presents a compelling opportunity for redevelopment or long-term strategic investment in one of Eastern Ontario's most supply-constrained urban markets. Surrounded by a dynamic mix of institutional, residential, and commercial uses, the site is ideally suited for a range of potential applications, including purpose-built rental, student housing, mixed-use development, or boutique condominium projects (subject to approvals). Kingston continues to experience strong demand for centrally located housing, driven by its growing population, major institutional anchors, and limited availability of development land within the urban boundary. Properties of this size and waterfront proximity are increasingly rare, making this a unique opportunity to deliver a transformative project in a high-demand location. Whether viewed as a redevelopment play or a long-term hold, 440-462 King Street West offers location, scale, and future upside in one of Kingston's most desirable corridors.

Sold data

Homes in Kingston (Central City East) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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

Kingston (Central City East) 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 (Central City East)

  • 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 440-462 KING STREET W