427 PRINCESS ST. & 177-181 DIVISION Street
Kingston, ON
- 9,600 sqft
- Investment
- 100 days on market
An exceptional opportunity to acquire one of the most prominent, high-visibility corner locations in the heart of downtown Kingston's vibrant entertainment and student district, locally known as "The Hub." Offered together as one contiguous parcel, 427 Princess Street and 177-181 Division Street feature a premier mixed-use property at a major signalized intersection. The building includes two ground-level commercial units totaling approximately 2,540 square feet of retail or office space, paired with six residential units encompassing a total of 19 bedrooms. Configured to maximize rental yield, this property offers significant upside potential to optimize and transition existing rents to current market rates. The location boasts an unparalleled walk score, situated within comfortable walking distance to Queen's University, both major hospitals (HDH and KGH), the scenic waterfront, and is considered the gateway to Kingston's downtown core. Surrounded by essential infrastructure and flanked by numerous recent large-scale, high-density residential developments, this premier corner represents a secure, high-growth acquisition primed to capitalize on Kingston's robust institutional and rental demand
Listing Details
- Taxes (2026)
- $23,541
- Listed
- June 1, 2026
Price History
Property
- Lot Size
- 106 x 92 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Heat Source
- Other
Location & Legal
- Cross Street
- On Princess Street at the intersection with Division Street
- Zoning
- DT1
- Parcel Number
- 360500187
- Possession
- Other
- Occupancy
- Tenant
Community
Postal area K7K
- Population
- 33,705
- Private dwellings
- 16,786
- Median age
- 37.2
- Average household size
- 2.1
- Median household income
- $67,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kingston · last 12 months
- Median sold price
- $588,950
- Homes sold
- 1,640
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,640 recorded sales of commercial properties in Kingston over the last 12 months.
Listed by
ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 9,600 sq ft
- Price per sq ft
- $390.63
- Annual property tax
- $23,541
- Tax per sq ft
- $2.45
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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