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542-544 Union Street - Union Park Kingston 2.14 Acres of Commercial Land Offered at $6,900,000 CAD in Kingston, ON K7L 4V7



EXECUTIVE SUMMARY
A rare opportunity to purchase a ± 2.14 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.
PROPERTY FACTS
| Price | $6,900,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.14 AC |
| Property Type | Land | ||
| Zoning | URM4-E100-H150 - Uptown Mixed-Use Zone | ||
| Price | $6,900,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.14 AC |
| Zoning | URM4-E100-H150 - Uptown Mixed-Use Zone |
1 LOT AVAILABLE
Lot
| Price | $6,900,000 CAD | Lot Size | 2.14 AC |
| Price Per AC | $3,221,444.93 CAD |
| Price | $6,900,000 CAD |
| Price Per AC | $3,221,444.93 CAD |
| Lot Size | 2.14 AC |
Opposite Queen's University West Campus at Sir John A. MacDonald Blvd and Union Street.
DESCRIPTION
2.3 acre development block that is part of the master planned heritage community Union Park Kingston.
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (74)
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542-544 Union Street - Union Park Kingston
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