624 PRINCESS STREET, Kingston (Central City East)

$2,499,900

For sale: Multiplex

Multiplex at 624 PRINCESS STREET, Kingston (Central City East)
Property type
Investment
MLS®
MLS® X13004372
Neighbourhood
14 - Central City East

Premier Multi-Parcel Development Opportunity: Spanning three combined municipal addresses (624 Princess St, 173 & 177 Nelson St), this assembly sits at the heart of the Williamsville District - Kingston's most rapidly intensifying urban center. The property is surrounded by a wave of successful nearby projects. This site offers developers immediate scale in the rapidly transforming Williamsville area of the downtown core. With significant residential growth already flanking the property, this location is perfectly positioned to capture the demand from young professionals, seniors and families wanting to live close to the downtown core. Located in close proximity to Queen's University, Kingston Health Sciences Centre (formerly known as Hotel Dieu Hospital), and many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin and the Slush Puppie Place (sports entertainment facility). Further details on the attached information sheet.

Sold data

Multiplex homes in Kingston (Central City East) — recent sold market

Multiplex homes in Kingston (Central City East) took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 51, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$799,900
Sale-to-list ratio
96.7%
Sold above asking
4%

Based on 45 recorded sales in the last 1 year — 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

Homes for sale near 624 PRINCESS STREET