29-41 CONCESSION St
East of Sir John A. Blvd, Kingston, K7K 2A5
FOR SALE
$3,495,000
Expired
$0
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ROOMSX9211996
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-03-11 | 2022-06-30 | 111 | $3,495,000 | - | Expired |
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Property Description
Rare Opportunity To Acquire A Residential Infill Re-Development Site Within City Limits Near Kingston's Historic Downtown. The Property Is Located Near The Intersection Of Concession And Division In Close Proximity To The Downtown Core. The Property Is Designated As Residential Under The Official Plan. Surrounding Area Is Zoned A5 (One Family And Two-Family). Potential To Redevelop The Site With Higher Density With Combination Of Single Lots, Semi- Detached, Stacked Townhomes And Midrise Multi-Residential. There Is Existing Income On The Property With 10 Apartments Units.
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Vacant Land
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Similar Listings
Great opportunity for development for semi-detached housing, stackable townhomes or low level apartments. Situated in the heart of Kingston's downtown core, it provides convenient access to the business district and Highway 401. The existing standalone houses on the property generate stable income. While the current zoning is A5 (one & two family residential), there is potential for higher density development. The properties at 29-41 Concession St are to be purchased together with 37 Concession St, making this a comprehensive and strategic investment opportunity.
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