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85 Stephen St 2,783 SF Retail Building Kingston, ON K7K 2C5 $495,000 CAD ($177.87 CAD/SF)
Investment Highlights
- Prime development property with severance potential on a 7,740 sq. ft. (60' x 132') lot in central Kingston.
- Fully serviced site with municipal water, sewer, natural gas, electricity, and a completed Phase I environmental assessment.
- Residential designation with UR5 zoning, allowing for two-lot severance and potential additional density subject to approvals.
- Highly accessible location near Regiopolis-Notre Dame Catholic High School, multiple transit routes, parks, and nearby commercial amenities.
Executive Summary
Development property with severance potential. Prime development opportunity in central Kingston. This 7,740 sq. ft. lot (60 x 132) carries a Residential designation in the Official Plan with UR5 zoning. The site offers severance potential to create two separate lots, along with the possibility for additional density subject to municipal approvals. The existing structure provides potential redevelopment or adaptive reuse. The property is fully serviced with municipal water, sewer, natural gas, and electricity. A Phase I environmental assessment is available. Ideally situated near Regiopolis-Notre Dame Catholic High School and along multiple transit routes, the property is also walking distance to commercial uses and parks
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,783 SF
Building Class
C
Year Built
1960
Price
$495,000 CAD
Price Per SF
$177.87 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.18 AC
Zoning
UR5
Parking
7 Spaces (2.52 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 12
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85 Stephen St
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