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647 Princess Street, Kingston, ON K7L 1E4

Kingston, ON, K7L 1E4 · 22 - East of Sir John A. Blvd

Sq Ft
Investment Type
X13085504 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Other
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Outside/Surface
Heat Type Other
Cooling Yes
Sewer Sanitary+Storm
Annual Tax $74,769
Tax Year 2025

Building & Construction

Building Area Total
0.741

Heating & Cooling

Heat Type
Other
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Units
Feet
Lot Depth
150.00
Lot Width
228.00

Financial & Tax

Tax Annual Amount
$74,769
Tax Year
2025
Possession Type
Flexible
Possession Details
To be determined

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Frontenac
Cross Street
Princess St and Victoria Street
Directions
East of Bath Road/Concession/Princess St. on the northeast corner of Princess St. and Victoria Street
Showing Requirements
Showing System

Location

647 Princess Street, Kingston, ON K7L 1E4, Kingston, ON, K7L 1E4

Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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