525 King Street, Kingston, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $1,700,000 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 238 x 885 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient other heating
Description
An exceptional opportunity to acquire approx 1 acre centrally located property in Kingston's highly sought-after King Street West corridor, just minutes from Queen's University, the downtown core, and the waterfront. 525 King Street West offers strong potential for redevelopment or long-term investment in a high-demand urban location. Surrounded by a mix of residential, institutional, and commercial uses, this property presents a flexible opportunity for a range of future applications, including multi-unit residential, mixed-use development, or boutique redevelopment projects (subject to approvals). Its manageable scale makes it particularly attractive for developers or investors seeking a strategic entry point into Kingston's growing real estate market. Kingston continues to experience sustained demand for centrally located housing, driven by its expanding population, strong rental market, and proximity to key institutions. Opportunities within this corridor are increasingly limited, particularly those offering both location and future upside. Please note: the subject property is identified as Part 1 on the registered survey and is being sold as Part 1
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Property Summary
This commercial retail located at 525 King Street, Kingston is currently for sale and has been available on SousaSells for 71 days. This property is listed at $1,700,000 with an estimated mortgage of $5,659* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 525 King Street, Kingston is in the 14 - Central City East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 525 King Street W, Kingston, ON K7L 2X4
Based on 0 recent similar sales in the pocket.
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 $1,700,000 in Kingston, the legal minimum down payment is $340,000 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 $30,475 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 $30,475.
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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.