For Sale

479 Princess Street, Kingston, Ontario K7L 1C3

$0

479 Princess Street, Kingston, Ontario K7L 1C3 is For Sale and has a listing price of 995,000. The property is located in the Williamsville neighbourhood . It's been on the website for 150 Days.

  • MLS ID: X12131307
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Property Description

Located in the heart of downtown Kingston, 479 Princess Street presents a versatile mixed-use investment opportunity with 3,115.06 sq ft of total interior space with 1,077 sq ft of basement area. Zoned WM1, the property permits a wide range of residential and commercial uses, including restaurant, retail, office, and apartment dwellings. The main floor is leased to a long term tenant on a month to month lease and features a fully equipped restaurant, including a spacious kitchen, dining areas, walk-in freezer, with washrooms on the 2nd floor. The second floor includes one x 5 bedroom residential unit, 2 x bathrooms, and in-suite laundry. The basement offers over 1,000 sq ft of dedicated storage space, ideal for operational or tenant use. This high-visibility property is strategically positioned along a major commercial corridor, benefiting from strong pedestrian and vehicular traffic, and surrounded by new development, and is well-suited for investors or owner-operators seeking stable returns and long-term value. Residential apartment is currently managed by Frontenac Property Management and is listed at $4875/month + utilities.

Property Details
  • MLS ID: X12131307
  • Price: $995,000
  • Lot Depth: 107.71
  • Transaction Types: For Sale
  • Ref ID: X12131307
  • Year Built: N/A
  • Dir / Cross St: University Avenue.
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
05/07/2025 X12131307 $995,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Williamsville
  • $723,827 Average List Price
    based on 1 year
  • 26 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.32 % Up
  • Sold (12mo) 19
  • Rented (12mo) 1

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Y
  • Taxes: $10,931
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 07/05/2025 18:05:16
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