$2,499,900
624 PRINCESS STREET
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Premier Multi-Parcel Development Opportunity: Spanning three combined municipal addresses (624 Princess St, 173 & 177 Nelson St), this assembly sits at the heart of the Williamsville District - Kingston's most rapidly intensifying urban center. The property is surrounded by a wave of successful nearby projects. This site offers developers immediate scale in the rapidly transforming Williamsville area of the downtown core. With significant residential growth already flanking the property, this location is perfectly positioned to capture the demand from young professionals, seniors and families wanting to live close to the downtown core. Located in close proximity to Queen's University, Kingston Health Sciences Centre (formerly known as Hotel Dieu Hospital), and many of Kingston's tourist hub locations such as Springer Market Square, Memorial Centre and Agricultural Grounds, Confederation Basin and the Slush Puppie Place (sports entertainment facility). Further details on the attached information sheet. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 14 - Central City East
- Living area
- 0
- Lot size
- 0.38 acres
- Lot dimensions
- 0.377
- On market
- Apr 15, 2026
- Status changed
- Apr 15, 2026
- Annual tax
- $24,120.3 (2025)
- Zoning
- WM1 and UR5
- Photos
- 23
- MLS#
- X13004372
- Area
- KINGSTON_(CENTRAL_CITY_EAST)
Features and systems
Heating
Cooling
Lot
Cash on cash
-11.39%
Cap rate
3.61%
GRM
16.7
Break-even rent
$17,495
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kingston (Central City East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.