Property Details

162 DIVISION Street, Kingston, Ontario, K7L3M6

162 DIVISION Street, Kingston, Ontario, K7L3M6 (ID 40517777)
Representative
Ted Lewis portrait
Ted Lewis
Sales Representative
Sutton Group - Masters Realty Inc. Brokerage
Cell: 613-449-4750
Tel: 613-384-5500

$2,150,000 - For sale

ID#:40517777

Development opportunity in the absolute heart of the Queen's student living and commercial hub. Plans are in place for a mixed commercial and residential development consisting of a 3rd storey addition Once finished, the final project (recently appraised at 4.4 million) is mapped out for 8 residential units (six one bedroom units and two two-bedroom units) as well as a common amenity space, parking for nine cars and sheltered bicycle parking for 10. The ground floor will accommodate amenity space at the rear and approximately 1560 square feet of premier retail space fronting on Division Street in the heart of the student commercial district in one of the few remaining underdeveloped marquee corners in the city of Kingston. Current status of the development: The building has been abated, gutted, and planned. Financing is in place for purchase for the right buyer/developer. This is not a turnkey asset, but a turn key development project waiting for an organization looking to unlock tremendous value and add a crown jewel in one of the best locations in the city for downtown commerce and Queen's student living. (id:2471)

Location DescriptionApproximately 250 feet south of Princess at Division

Property Details
  • Property Address:162 DIVISION Street, Kingston, Ontario, K7L3M6
  • Property Type:Office
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 162 DIVISION Street, Kingston, Ontario, K7L3M6
  • Storeys:2
  • Basement Type:Partial
Amenities for 162 DIVISION Street, Kingston, Ontario, K7L3M6 High Traffic Area
Representative
Ted Lewis portrait
Ted Lewis
Sales Representative
Sutton Group - Masters Realty Inc. Brokerage
Cell: 613-449-4750
Tel: 613-384-5500
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Listing Office: Sutton Group-Masters Realty Inc Brokerage

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162 DIVISION Street, Kingston, Ontario, K7L3M6

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