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For saleListed 59 days agoMLS® X13672680

43 Portsmouth Avenue, Kingston, ON

18 - Central City West, Kingston · View map

$319,900
Vacant LandType
< .50Lot
$2,954/yrTaxes
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$319,900

About this property

A rare opportunity directly across from St. Lawrence College! In 2023, a fire destroyed the former student rental, leaving the existing structure in need of removal and creating a unique opportunity to reimagine this property in an exceptionally strategic location. Now, a savvy investor, developer, or buyer with a vision can capitalize on the site's significant redevelopment potential. With St. Lawrence College directly across the street, this is an ideal location for student housing and an excellent opportunity to create a purpose-built income-producing property. The site could accommodate a duplex or triplex, while, subject to City of Kingston approvals and applicable zoning requirements, there may also be potential for a four-unit student rental with up to 10 bedrooms in total. All municipal services are available at the property, making this an attractive site for those looking to build and maximize its potential. Bring your vision and explore the possibilities this centrally located property has to offer. Not an investor or developer? The location and lot may also appeal to a first-time buyer, family, or retiree with the resources and vision to build a custom home in the heart of the city. Opportunities in this location are rare - don't miss the chance to create something truly special.

The property

Type
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Parking
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Garage
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Waterfront

Waterfront
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Exposure
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Heating & systems

Sewage
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Lot & taxes

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Listing

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Listed
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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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43 Portsmouth Avenue, Kingston, ON

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Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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