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$3,450,000 Sale
Listed 12 days ago
427 PRINCESS ST. & 177-181 DIVISION Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 427 PRINCESS ST. & 177-181 DIVISION Street
Key Facts
Key facts for 427 PRINCESS ST. & 177-181 DIVISION Street
Property Type
Commercial
Parking
Outside/Surface
MLS #
X13849556
Size
-
Basement
-
Listed on
2026-10-01
Lot size
106 x 92.0
Tax
$23,540.80 /yr
Days on Market
12
Approximate Age
-
Maintenance Fee
-
Description
An exceptional opportunity to acquire one of the most prominent, high-visibility corner locations in the heart of downtown Kingston's vibrant entertainment and student district, locally known as "The Hub." Offered together as one contiguous parcel, 427 Princess Street and 177-181 Division Street fea...ture a premier mixed-use property at a major signalized intersection. The building includes two ground-level commercial units totaling approximately 2,540 square feet of retail or office space, paired with six residential units encompassing a total of 19 bedrooms. Configured to maximize rental yield, this property offers significant upside potential to optimize and transition existing rents to current market rates. The location boasts an unparalleled walk score, situated within comfortable walking distance to Queen's University, both major hospitals (HDH and KGH), the scenic waterfront, and is considered the gateway to Kingston's downtown core. Surrounded by essential infrastructure and flanked by numerous recent large-scale, high-density residential developments, this premier corner represents a secure, high-growth acquisition primed to capitalize on Kingston's robust institutional and rental demand.
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Courtesy of: ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE