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647 Princess Street
homes for sale · Kingston · East of Sir John A. Blvd
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$3,950,000

647 Princess Street

East of Sir John A. Blvd, Kingston · MLS® X13085504

1 sq ft · 1 sq ft lot · House · Multi-family · 172 days on market

listed by STACEY MACDONALD, ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

realtor's description

Prime infill development opportunity at the corner of Princess Street and Victoria Street which includes Four (4) separate parcels (641& 647 Princess St and 575 & 575 Victoria Street), located within Kingston's designated intensification corridor. Pre-Application report on file, completed by Fotenn Consulting (from July 2025), and has received initial support by Planning Staff of the City of Kingston. Initial plans suggest a mix of commercial and residential uses at grade and new residential units to be built out above, which meaningfully integrates the Williamsville Main Street policy and provides a new building that is compatible with the existing built form and heritage context of the area. Description of proposal: Pre-application proposal to construct a 6-storey mixed-use building, featuring approximately 116 new residential dwelling units and 555 square metres of ground floor commercial space oriented along Princess Street, on the lands municipally known as 575- 577 Victoria Street and 641-647 Princess Street. Parking for the subject property will be provided through one level of underground parking, with a total of 54 vehicular parking spaces, and 2 above-grade loading spaces. Access to the underground parking area, and loading spaces, will be provided via Victoria Street with as much separation as possible provided from the intersection. The existing 2-storey Heritage building (currently leased by The Yellow Deli) is proposed to be retained, with partial demolition of the addition along the Victoria Street and Princess Street frontages. Located in close proximity to Queen's University, Kingston Health Sciences Centre (formerly known as Hotel Dieu Hospital), many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin & the Slush Puppie Place (sports entertainment facility). Seller willing to provide Seller Financing, subject to review of the Buyer. Details on the attached info sheet.

property details

type
House, Multi-family
living area
1 sq ft
lot
1 sq ft
parking
0
property tax
$74,769 / yr
days on market
172
MLS®
X13085504

monthly cost

$23,441/mo
Mortgage $17,210 · Tax $6,231

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

estimated payment
$17,210/ monthly
loan $3,160,000
25-year amortization
total interest
$2,002,931
cash to close
$790,000
down payment; transfer tax and fees not included
total paid
$5,162,931

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

location

East of Sir John A. Blvd, KingstonGoogle Maps ↗

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listed by
STACEY MACDONALD
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
call STACEY · 613-888-1904
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location

East of Sir John A. Blvd, 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.

49-67 Adelaide Street, Kingston
49-67 Adelaide Street, Kingston, photo 2
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House
$3,149,900
4methe deep dive
49-67 Adelaide Street
East of Sir John A. Blvd, Kingston32 days on market
listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
128,280 sq ft
MLS® X13813188