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641 Princess Street
14 - Central City East Frontenac K7L 1E4

$4,999,000 /For Sale
Commercial

Main Photo: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 1: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 2: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 3: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 4: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 5: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 6: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 7: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 8: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 9: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 10: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 11: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 12: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 13: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 14: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Photo 15: 641 Princess Street in Frontenac: 14 - Central City East Commercial for sale (Kingston)  : MLS®# X12356113
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12356113
Bus Major:
Other
Prime infill development opportunity at the corner of Princess Street and Victoria Street which includes Four (4) separate parcels (641& 647 Princess St and 575 & 575 Victoria Street), located within Kingston's designated intensification corridor. Pre-Application report on file, completed by Fotenn Consulting (from July 2025), and has received initial support by Planning Staff of the City of Kingston. Initial plans suggest a mix of commercial and residential uses at grade and new residential units to be built out above, which meaningfully integrates the Williamsville Main Street policy and provides a new building that is compatible with the existing built form and heritage context of the area. Description of proposal: Pre-application proposal to construct a 6-storey mixed-use building, featuring approximately 116 new residential dwelling units and 555 square metres of ground floor commercial space oriented along Princess Street, on the lands municipally known as 575- 577 Victoria Street and 641-647 Princess Street. Parking for the subject property will be provided through one level of underground parking, with a total of 54 vehicular parking spaces, and 2 above-grade loading spaces. Access to the underground parking area, and loading spaces, will be provided via Victoria Street with as much separation as possible provided from the intersection. The existing 2-storey Heritage building (currently leased by The Yellow Deli) is proposed to be retained, with partial demolition of the addition along the Victoria Street and Princess Street frontages. Located in close proximity to Queen's University, Kingston Health Sciences Centre (formerly known as Hotel Dieu Hospital), and many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin and the Slush Puppie Place (sports entertainment facility). Further details on the attached information sheet.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
32278 sq. ft. Acres
Total Area:
32,277.96 sq. ft.
Depth:
150'
Frontage:
228'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
WM1
Heating type:
Other
Garage:
Outside/Surface
Possession Details:
To be determined
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$74,769 / 2025
Assessment:
$- / 2024
Kingston
14 - Central City East
Frontenac
No
Tenant's belongings including any tenant trade fixtures and chattels.
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Other
Category:
Apartment
Date Listed:
Aug 21, 2025
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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Data was last updated August 21, 2025 at 04:15 AM (UTC)
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