8 Starr Place
Kingston, ON
5 bath • 6,502 sqft • Investment • 815 days on market
Unparalleled and distinguished, Whitney Manor is a unique five suite boutique hotel opportunity that combines historic elegance with modern luxury. A self-catered accommodation model, the current configuration offers three 2 bedroom suites and two 1 bedroom suites. Each self-contained luxury suite features a fully equipped kitchen, spacious living and dining areas, private balcony or patio, in-suite laundry and architectural details that reflect the property's history. Built in 1817, this Heritage designated property remains one of the oldest limestone structures in the Kingston area. Designed in the likeness of an English estate with rectangular limestone blocks, cathedral ceilings and hand hewn beams, the architectural integrity and conservation of the property has been maintained through careful stewardship. This unique boutique accommodations business model boasts 75% average occupancy rate year-round, reaching close to 100% occupancy in peak summer months. Strategically located a few minutes drive from downtown Kingston, Gananoque and a ferry ride to the US. With prime positioning within a residential enclave alongside the St. Lawrence River, Whitney Manor offers an extraordinary opportunity to own a piece of Kingston's rich heritage with a turnkey boutique business investment.
Listing Details
- Taxes (2023)
- $16,263
- Listed
- May 30, 2024
Price History
Listing history
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Property
- Lot Size
- 53.71 x 252.67 Feet
Location & Legal
- Cross Street
- HWY 2 + Glen Lawrence Cres
- Zoning
- R1-1 B&B
Commercial
- Business Type
- Hotel/Motel/Inn
- 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
- 1,622
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 1,622 recorded sales of commercial properties in Kingston over the last 12 months.
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Location
Commercial figures
- Building area
- 6,502 sq ft
- Price per sq ft
- $306.83
- Annual property tax
- $16,263
- Tax per sq ft
- $2.50
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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