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1400 Bath Road
homes for sale · Kingston · East Gardiners Rd
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$4,000,000

1400 Bath Road

East Gardiners Rd, Kingston · MLS® X13694212

10 sq ft · 10 sq ft lot · Land · Vacant Land · 66 days on market

listed by Edmundo Roa, EXP REALTY

realtor's description

Rare opportunity to acquire approximately 9.75 acres of multi-residential development land strategically located at Bath Road and Centennial Drive in Kingston. Zoning approvals are in place for a proposed 240-unit (390-bedroom) development across four apartment buildings. Based on the asking price, this represents approximately $16,667 per proposed residential unit. Significant planning and engineering work has been completed, including the zoning by-law amendment, engineering studies, planning reports, registered access easement to Centennial Drive and commencement of the Site Plan Application process. Municipal servicing capacity has been confirmed and servicing allocation has been granted for the proposed development of up to 240 residential units. Kingston offers strong fundamentals for purpose-built rental housing, supported by population growth, health-care and public-sector employment, and a significant post-secondary population anchored by Queen's University, St. Lawrence College and the Royal Military College of Canada. CMHC reported a 2.4% purpose-built rental vacancy rate for Kingston in 2025. The property is positioned within an established commercial and residential corridor experiencing new residential investment and intensification, with convenient access to shopping, transit and major transportation routes. A comprehensive due diligence package is available upon execution of a Confidentiality Agreement. Purchasers to complete their own due diligence regarding current zoning, planning approvals, servicing, easements, site area and all development-related matters.

property details

type
Land, Vacant Land
living area
10 sq ft
lot
10 sq ft
parking
0
property tax
$37,002 / yr
days on market
66
MLS®
X13694212

features

  • Irregular lot size

monthly cost

$20,511/mo
Mortgage $17,428 · Tax $3,084

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$17,428/ monthly
loan $3,200,000
25-year amortization
total interest
$2,028,285
cash to close
$800,000
down payment; transfer tax and fees not included
total paid
$5,228,285

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

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listed by
Edmundo Roa
EXP REALTY
call Edmundo · 613-864-5515
Powered by: REALTOR.ca
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location

East Gardiners Rd, KingstonGoogle Maps ↗

location

East Gardiners Rd, KingstonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.