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490-502 Princess Street

490-502 Princess Street

Kingston, ON

  • 7,041 sqft
  • Commercial Retail
  • 3 days on market
$3,400,000

Centrally located along Princess Street, one of the main routes connecting Kingston. Exceptional visibility and tenant demand driven by dense residential surroundings and nearby green space. Transit-oriented location with a bus stop across the street from the Properties. Well-maintained and professionally managed building with strong curb appeal and ample on-site parking. Fully leased to two strong national tenant brands, one that has remained long term. Stable cash flow supported by a strong weighted average lease term of 4.83 years. Additonal ARN: 101102007000900

Listing Details

Taxes (2025)
$51,108
Listed
September 15, 2026

Price History

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Princess Street and Division Street
Zoning
C4-H (T1)
Parcel Number
360350085
Possession
Immediate
Occupancy
Tenant

Community

Postal area K7L

Population
19,621
Private dwellings
12,191
Median age
40
Average household size
2
Median household income
$72,500

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
$585,000
Homes sold
1,633
Median days on market
24
Sale-to-list price
97.3%

Based on 1,633 recorded sales of commercial properties in Kingston over the last 12 months.

Listed by

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

Walk Score

98

Walk

57

Transit

93

Bike

Scores by Walk Score®

Commercial figures

Building area
7,041 sq ft
Price per sq ft
$482.89
Annual property tax
$51,108
Tax per sq ft
$7.26

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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