525 KING STREET W, Kingston (Central City East)
$1,700,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13078426
- Neighbourhood
- 14 - Central City East
An exceptional opportunity to acquire approx 1 acre centrally located property in Kingston's highly sought-after King Street West corridor, just minutes from Queen's University, the downtown core, and the waterfront. 525 King Street West offers strong potential for redevelopment or long-term investment in a high-demand urban location. Surrounded by a mix of residential, institutional, and commercial uses, this property presents a flexible opportunity for a range of future applications, including multi-unit residential, mixed-use development, or boutique redevelopment projects (subject to approvals). Its manageable scale makes it particularly attractive for developers or investors seeking a strategic entry point into Kingston's growing real estate market. Kingston continues to experience sustained demand for centrally located housing, driven by its expanding population, strong rental market, and proximity to key institutions. Opportunities within this corridor are increasingly limited, particularly those offering both location and future upside. Please note: the subject property is identified as Part 1 on the registered survey and is being sold as Part 1. The property is not currently connected to municipal services, and buyers will be responsible for arranging servicing at their own expense following closing.
Sold data
Homes in Central City East — recent sold market
Homes in Central City East took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 52, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $685,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $685,000
- Sale-to-list ratio
- 95.8%
- Sold above asking
- 9%
Based on 44 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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
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