$890,000
For sale: Other

Prime downtown Kingston investment opportunity-Property & Well established restaurant business for sale. Rare opportunity to acquire both a commercial property and a Chinese style restaurant in the downtown Kingston. Strategically located in a high-traffic Commercial district with excellent pedestrian and vehicle exposure, this property is surrounded by hotels, major banks, Canadian Tire, national retailers, and variety of established business. Conveniently located just minutes from Queen's University and within close proximity to the U.S. border, the area benefits from a stron mix of local residents, students, professional, and tourists year-round.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.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.
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
Kingston (Central City East) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,060,000
Other187 KING STREET, 768 - Welland Downtown, Welland

$899,000
Other227 STATION STREET, Belleville Ward, Belleville

$949,000
Other96 WILLIAM STREET, 14 - Central City East, Kingston

$1,099,000
Other514 PRINCESS STREET, 14 - Central City East, Kingston

$1,049,000
OtherLOT 15 JACK DAVEY DRIVE, 64 - Lennox and Addington - South, Loyalist

$1,049,000
Other98 WILLIAM STREET, 14 - Central City East, Kingston

$834,900
Apartment2 - 133 KING STREET E, 14 - Central City East, Kingston

$859,000
Detached201 WILLINGDON AVENUE, 14 - Central City East, Kingston