115 Livingston Avenue, Kingston, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 14 - Central City East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 69.5 x 84.98 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
A rare opportunity to own a true community landmark! Offered for sale for the first time on the open market, this well-established mixed-use commercial property features a thriving grocery store with a renowned full-service meat counter and three residential apartments above, providing excellent income potential. Ideally situated on a high-traffic corner in a highly desirable neighbourhood, the grocery store has proudly served the community since 1918, earning generations of loyal, repeat customers and an outstanding reputation. The current owner has successfully owned and operated both the building and the business for the past 40 years and is now retiring, creating an exceptional opportunity for a new owner to continue this longstanding tradition. Please note: The purchase price is for the building only. The successful grocery business is being offered for sale separately; however, both the building and the business must be purchased together by the same buyer. This unique offering allows the new owner to acquire both a prime commercial property and an established, profitable business with over a century of community presence. Whether you're looking to expand your investment portfolio or take over a respected, long-standing local business, this is an exceptional opportunity that rarely becomes available. Get in touch today for full details on this outstanding investment opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 115 Livingston Avenue, Kingston, ON K7L 4L3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $2,150,000 in Kingston, the legal minimum down payment is $430,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $40,225 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $40,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.