$900,000
Kingston
121-127 Kingscourt Avenue, Kingston (East of Sir John A. Blvd), Ontario, K7K4P4
This lot in Kingston is for sale. It has been on the market 7 days, fresher than the Kingston average of 85 days.
DEVELOPMENT OPPORTUNITY - Four contiguous, separately titled residential lots offered as a single package at Kingscourt Avenue and Fourth Avenue in Kingston. The UR6-zoned assemblage totals approximately 15,973 SF (0.367 acres), with 160 feet of continuous frontage along Kingscourt Avenue and 100 feet along Fourth Avenue. Existing structures are to be removed by the Seller before closing. The combined lot area, corner configuration and dual street frontage offer flexibility for residential development in an established urban neighbourhood. UR6 zoning permits up to four dwelling units per lot, presenting potential for up to 16 units across the four existing lots, subject to applicable zoning provisions, servicing capacity and required approvals. Purchasers may also explore alternative development configurations or increased density through the municipal planning and approvals process. Backing directly onto a municipal park and sports field, the property benefits from an open green space outlook with no immediate rear residential neighbours. Local schools, public transit and neighbourhood amenities, together with convenient access to Queen's University and downtown Kingston, contribute to the site's appeal. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 85 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Kingston (East of Sir John A. Blvd) has been listed for 7 days, which is 78 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $900,000, about 13.4× the local median household income of $67,000.
Carrying it typically needs a household income of about $175,802 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7K)
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