For saleMLS® X13085504

647 Princess Street, Kingston, ON K7L 1E4

22 - East of Sir John A. Blvd, Kingston · Near Princess St and Victoria Street · View map

$3,950,000
0.741Sq ft
InvestmentType
Outside/SurfaceGarage
NoneParking
$74,769/yrTaxes
$3,950,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 228 x 150 ftThe land comes with the home

About this home

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), many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin & the Slush Puppie Place (sports entertainment facility). Seller willing to provide Seller Financing, subject to review of the Buyer. Details on the attached info sheet.

The home

Type
Investment
Square footage
0.741 sq ft
Lot size
228 x 150 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$74,769/yr
Tax year
2025
Occupancy
Tenant
Possession
To be determined
Cross street
Princess St and Victoria Street
Neighbourhood
22 - East of Sir John A. Blvd

More

MLS® number
X13085504

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$22,164per month, all in
  • Mortgage
  • Property tax

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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    647 Princess Street, Kingston, ON K7L 1E4

    22 - East of Sir John A. Blvd, Kingston · Near Princess St and Victoria Street

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 647 Princess Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 647 Princess Street

    Answers come straight from this home’s MLS® listing.

    How much is 647 Princess Street listed for, and what would it cost each month?

    647 Princess Street is listed for $3,950,000. With 20% down ($790,000), the mortgage payment would be roughly $15,933 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $22,164 a month, all in. That figure is an illustration, not a quote.

    Is 647 Princess Street freehold or a condo, and is there a monthly fee?

    647 Princess Street is a investment in 22 - East of Sir John A. Blvd, 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 647 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 647 Princess Street?

    647 Princess Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 647 Princess Street, and what is the lot size?

    The lot is listed as 228 x 150 ft.

    How is 647 Princess Street heated and cooled?

    Cooling is yes.

    What are the property taxes for 647 Princess Street?

    Property taxes are $74,769 a year (2025), or about $6,231 a month.

    Where is 647 Princess Street?

    647 Princess Street is in the 22 - East of Sir John A. Blvd community of Kingston. The nearest main intersection is Princess St and Victoria Street. The postal code is K7L 1E4.

    Is 647 Princess Street still for sale?

    Yes. It is an active listing (MLS® X13085504). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 647 Princess Street asking?

    Similar properties for sale nearby right now include 490-502 Princess Street at $3,400,000, 49-67 Adelaide Street at $3,149,900 and 1400 Bath Road at $4,000,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 647 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 647 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText