LANDMARK OPPORTUNITY
Very rare opportunity to purchase a full downtown block in the City of Kingston, Ontario that is approximately fifty percent developed with several buildings and also has as-of-right zoning to allow for future in-fill development on the surface parking lot lands. Given its prime downtown location situated between a vibrant downtown core, the waterfront, Queen’s University and three hospitals, opportunities abound to re-purpose this well-maintained heritage property for a signature mixed use re-development that may include office uses, purpose built student housing, market apartments and/or condominiums, ground floor retail and continuum of care uses. The Seller will leaseback the entire property for a three-year period on terms specified herein allowing for ample time for a buyer to evolve its plans and to obtain necessary approvals to proceed to the construction phase.
