440-462 King Street West, Kingston (Central City East), Ontario, K7L2X4
This institutional - special purpose in Kingston is for sale. It has been on the market 9 days, fresher than the Kingston average of 60 days.
A rare opportunity to acquire a significant waterfront land assembly in the heart of downtown Kingston. Situated along the highly sought-after King Street West corridor, 440-462 King Street West offers exceptional scale, frontage, and positioning just minutes from Queen's University, the downtown core, and Kingston's vibrant waterfront. This property presents a compelling opportunity for redevelopment or long-term strategic investment in one of Eastern Ontario's most supply-constrained urban markets. Surrounded by a dynamic mix of institutional, residential, and commercial uses, the site is ideally suited for a range of potential applications, including purpose-built rental, student housing, mixed-use development, or boutique condominium projects (subject to approvals). Kingston continues to experience strong demand for centrally located housing, driven by its growing population, major institutional anchors, and limited availability of development land within the urban boundary. Properties of this size and waterfront proximity are increasingly rare, making this a unique opportunity to deliver a transformative project in a high-demand location. Whether viewed as a redevelopment play or a long-term hold, 440-462 King Street West offers location, scale, and future upside in one of Kingston's most desirable corridors. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 9 days on market, against an average age of 60 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 institutional - special purpose in Kingston (Central City East) has been listed for 9 days, which is 51 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $9,700,000, about 133.8× the local median household income of $72,500.
Carrying it typically needs a household income of about $1,894,750 (20% down, 25-yr amortization, stress-tested) — roughly 2513% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7L)
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