Welcome to this remarkable vacant land located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,049,000 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.
A rare assemblage of four contiguous, separately titled UR6-zoned lots at the corner of Kingscourt Ave and Fourth Ave in Kingston - totalling +/-15,973 sf (0.367 ac), offered as a single package.The site offers +/-160 ft of continuous frontage along Kingscourt Ave and +/-100 ft along Fourth Ave. This dual-frontage corner position, combined with the total lot area, provides potential for a variety of low-rise residential development configurations. The rear of the property backs onto a municipal park and sports field - a genuine amenity offering a permanent green outlook with no rear neighbours.Situated in an established Kingston neighbourhood with walkable access to Queen's University, Memorial Park, local schools, transit, and downtown. UR6 zoning permits up to 16 units as-of-right. The site's size, dual frontage, and corner configuration may support a planning application for increased residential density - purchasers are encouraged to conduct their own independent planning and zoning due diligence. Existing structures to be removed by Seller.
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Data-driven valuation for 121-127 Kingscourt Avenue, Kingston, ON K7K 4P4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kingston.
About Purchasing a Home in Kingston, ON
For a property listed at $1,049,000 in Kingston, the legal minimum down payment is $209,800 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 $17,455 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 $17,455.
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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.