502 - 49 PLACE D' ARMES, Kingston (East of Sir John A. Blvd)

$14/sqft

For rent: Other

Other at 502 - 49 PLACE D' ARMES, Kingston (East of Sir John A. Blvd)
Property type
Office
Bedrooms / bathrooms
4 bathrooms
MLS®
MLS® X13684318
Neighbourhood
22 - East of Sir John A. Blvd

Limited-Time Landlord Incentive: Sign a new five-year lease and receive12 months base rent free. 49 Place D'Armes / 279 Wellington Street, Suite 502 offers a rare downtown Kingston office opportunity with immediate occupancy and outstanding panoramic views over the city core, Kingston Marina, the Great Cataraqui River, and the Inner Harbour along Lake Ontario. This fifth-floor space provides exceptional flexibility, with demising options ranging from approximately 1,800 sq. ft. up to approximately 39,000 sq. ft. gross contiguous, subject to final configuration and measurement, including suite sizes of approximately 3,000 sq. ft., 5,500 sq. ft., 10,500 sq. ft., and 17,200 sq. ft. The building is located in one of Kingston's most secure and desirable downtown settings and is home to established government tenancies, including the Ministry of Health. Features include three elevators, a kitchenette, and four full washrooms on the fifth floor. Parking is allocated on a pro-rata basis at a baseline of one space per 1,100 sq.ft. of leased area. Offered at a base rental rate of $14.00 per sq. ft. per annum, with additional rent budgeted for 2025 at $16.54 per sq. ft. annually (taxes $5.33, operating $5.82, utilities $5.39). Includes janitorial services. Surrounded by downtown amenities and approximately four blocks to City Hall, this space is ideal for professional office users seeking a high-profile, secure, and prestigious location. Lease per Landlord's form of lease. Virtual tour and floor plan configuration options available.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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 Sinclairelementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulinelementary, KingstonFraser rating 7.8/10
  • Rideauelementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivanelementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybonelementary, KingstonFraser rating 7.7/10
  • Winston Churchillelementary, KingstonFraser rating 7.7/10

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

Currently for sale

Homes for sale near 502 - 49 PLACE D' ARMES