490-502 Princess Street, Kingston, ON K7L 1C5
Central City East, Kingston · Near Princess Street and Division Street · View map
About this home
Centrally located along Princess Street, one of the main routes connecting Kingston. Exceptional visibility and tenant demand driven by dense residential surroundings and nearby green space. Transit-oriented location with a bus stop across the street from the Properties. Well-maintained and professionally managed building with strong curb appeal and ample on-site parking. Fully leased to two strong national tenant brands, one that has remained long term. Stable cash flow supported by a strong weighted average lease term of 4.83 years. Additonal ARN: 101102007000900
The home
- Type
- Commercial retail
- Square footage
- 7041 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $51,108/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Princess Street and Division Street
- Neighbourhood
- Central City East
More
- MLS® number
- X13784194
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
490-502 Princess Street, Kingston, ON K7L 1C5
Central City East, Kingston · Near Princess Street and Division Street
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Listing history for 490-502 Princess Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 490-502 Princess Street
Answers come straight from this home’s MLS® listing.
How much is 490-502 Princess Street listed for, and what would it cost each month?
490-502 Princess Street is listed for $3,400,000. With 20% down ($680,000), the mortgage payment would be roughly $13,715 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $17,974 a month, all in. That figure is an illustration, not a quote.
Is 490-502 Princess Street freehold or a condo, and is there a monthly fee?
490-502 Princess Street is a commercial retail in Central City East, Kingston. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 490-502 Princess Street have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 490-502 Princess Street?
490-502 Princess Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 490-502 Princess Street heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 490-502 Princess Street?
Property taxes are $51,108 a year (2025), or about $4,259 a month.
Where is 490-502 Princess Street?
490-502 Princess Street is in the Central City East community of Kingston. The nearest main intersection is Princess Street and Division Street. The postal code is K7L 1C5.
Is 490-502 Princess Street still for sale?
Yes. It is an active listing (MLS® X13784194). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 490-502 Princess Street asking?
Similar properties for sale nearby right now include 647 Princess Street at $3,950,000, 1473 Princess Street at $2,390,000 and 49-67 Adelaide Street at $3,149,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 490-502 Princess Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 490-502 Princess Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Central City East, picked by style, size and price.
Investment$3,950,000647 Princess Street, Kingston22 - East of Sir John A. BlvdCourtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGEView home →
Land$2,390,0001473 Princess Street, Kingston25 - West of Sir John A. BlvdCourtesy of: CENTURY 21 KEYES REAL ESTATE LTD., BROKERAGEView home →
Investment$3,149,90049-67 Adelaide Street, Kingston12 bath · 22 - East of Sir John A. BlvdCourtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGEView home →Courtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.