542-544 UNION Street
Kingston, ON
2 sqft • Land • 865 days on market
A rare opportunity to purchase a ± 2.3 acre development block that is part of the master planned heritage community Union Park Kingston. Block 3 is zoned for a residential and retirement home uses with a mid-rise height of 8 & 10 storeys. Union Park Kingston is well located in the downtown beside Queen’s University, across from the waterfront and Portsmouth Olympic Harbour and situated between three regional hospitals. There are four development blocks in total plus a large private park. Construction to commence in 2024. Property has not been assessed. Taxes and Value TBD.
Listing Details
- Originally Listed
- $9,366,000
- Listed
- April 9, 2024
Price History
Listing history
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Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Opposite Queen's University West Campus at Sir John A. MacDonald Blvd and Union Street
- Zoning
- URM4- E100-H150
- Parcel Number
- 360180090
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
Community
Postal area K7M
- Population
- 49,268
- Private dwellings
- 22,585
- Median age
- 44.4
- Average household size
- 2.2
- Median household income
- $77,500
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
- 1,628
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,628 recorded sales of commercial properties in Kingston over the last 12 months.
Listed by
ROCKWELL COMMERCIAL REAL ESTATE, BROKERAGE
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