$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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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.
Based on 430 recorded sales in the last 90 days. 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.
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