$ 299.990

652 Princess Street Unit 120, Kingston

9 Photos

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 2

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 3

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 4

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 5

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 6

652 Princess Street Unit 120, Kingston, ON K7L1E5 Photo 7

Living area: 471.14 sqft
MLS®: 40541894

Type: Commercial
Added: 73 days ago

Property Details

Investment Property: Commercial condominium fronting Princess Street at the Sage Building (12 storeys, 325 residential units). Leased on a five year lease until April 30, 2028. Tenant is a well-established business with multiple locations in Ontario. Triple net lease with the Tenant paying all property taxes, condo fees and utilities. The Tenant renovated the unit in 2023. Triple Net Annual Rent: Currently $36 per sq ft. Annual rental increases of $1 per sq ft. Current Net Annual Rent: $16,956, increasing to $18,840 by 2027 (id:1945)

Property Information

Sewer: Municipal sewage system
Stories: 1
Basement: None
Directions: Princess Street and Victoria Street
Living Area: 471.14
Photos Count: 9
Water Source: Municipal water
Association Fee: 214.59
Common Interest: Condo/Strata
Subdivision Name: 14 - Central City East
Tax Annual Amount: 2572.61
Exterior Features: Other
Building Area Total: 471.14
Zoning Description: WM1

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Nearby Places

Name	Type	Address	Distance
Princess Street (Kingston, Ontario)	As the main retail street of downtown Kingston, it...		0.2 km
Sushi Ya!	Restaurant	768 Princess St	0.3 km
Kingston Memorial Centre	Opening in 1951, the Kingston Community Memorial H...		0.3 km
Kingston Memorial Centre	Park	303 York St	0.4 km
International Hockey Hall of Fame	The IHHOF was originally planned to be the one Hoc...		0.4 km
Kingston, Ontario	It is located on the eastern end of Lake Ontario, ...		0.5 km
VIP Chinese Restaurant	Meal takeaway	528 Princess St	0.5 km
Royal Angkor Restaurant	Restaurant	523 Princess	0.5 km
The Mansion	Restaurant	506 Princess St	0.5 km
Darbar Restaurant	Restaurant	479 Princess St	0.7 km
Arisu Restaurant	Restaurant	185 Division St	0.9 km
University District, Kingston	The area is officially bound by Nelson & Collingwo...		0.9 km

Similar Commercial listings Stat in Kingston

We have found 6 Commercial that closely match the specifications of the property located at 652 Princess Street Unit 120 with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 279,900 and 399,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the K7L1E5 postal code area of Kingston Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree	30
Bachelor's degree	35
University / Above bachelor level	15
College	20
University degree at bachelor level or above	90

Neighbourhood Marital Status Stat

Married	50
Widowed	5
Divorced	15
Separated	5
Never married	155
Living common law	40
Married or living common law	85
Not married and not living common law	185

Neighbourhood Construction Date

1961 to 1980	30
1981 to 1990	20
2001 to 2005	10
1960 or before	110

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