A - 689 PRINCESS STREET, Kingston (Central City East)

$49,000

For sale: Other

Other at A - 689 PRINCESS STREET, Kingston (Central City East)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X12961780
Neighbourhood
14 - Central City East

Well-established and well-known Chinese Dine-in and take-out/delivery business located on ahigh-traffic street in mid-town Kingston. Close to the university, commercial areas, and major tourist spots, with dense local population and excellent exposure. Reasonable lease in place, strong loyal customer base, and high growth potential. Monthly rent is at $4,600, utilities ranging from $800 to $1,200, Perfect opportunity for an owner-operator or investor seeking immediate cash flow.

Sold data

Homes in Kingston (Central City East) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.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.

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 (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 A - 689 PRINCESS STREET