$3,950,000
FOR SALE

Investment

Lot: 228 x 150 ft
2025 Taxes: $74,769

647 Princess St
Kingston, ON K7L 1E4 | 22 - East of Sir John A. Blvd | Frontenac

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.
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Listed By ROYAL LEPAGE PROALLIANCE REALTY, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13085504
Last Updated May 05, 2026
Property Summary
Property Type Investment

More like this:
PIN 360720188
Legal Description This listing includes the following addresses - (legal descriptions included on page 7 of 9): 575 Victoria Street, PIN 360720187, ARN 101105003008300; 577 Victoria Street, PIN 360720186, ARN 101105003008300; 647 Princess Street, PIN 360720189, ARN 101105003008200; 641 Princess Street, PIN 360720188, ARN 101105003008300.
Possession Date To be determined
Taxes (2025) $74,769
Directions/Cross Streets Princess St and Victoria Street
Neighbourhood 22 - East of Sir John A. Blvd
Area Frontenac
Price History

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Detailed Information
Freestanding Y
Lot 228 x 150 ft
Air Conditioning Yes
Basement Basement
Garage Type Outside/Surface
Heat Type Other
Sewers Sanitary+Storm

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