$4,000,000
Available - For Sale
Listing ID: X13694212
1400 Bath Road , Kingston, K7M 4Y2, Frontenac
| Rare opportunity to acquire approximately 9.75 acres of multi-residential development land strategically located at Bath Road and Centennial Drive in Kingston. Zoning approvals are in place for a proposed 240-unit (390-bedroom) development across four apartment buildings. Based on the asking price, this represents approximately $16,667 per proposed residential unit. Significant planning and engineering work has been completed, including the zoning by-law amendment, engineering studies, planning reports, registered access easement to Centennial Drive and commencement of the Site Plan Application process. Municipal servicing capacity has been confirmed and servicing allocation has been granted for the proposed development of up to 240 residential units. Kingston offers strong fundamentals for purpose-built rental housing, supported by population growth, health-care and public-sector employment, and a significant post-secondary population anchored by Queen's University, St. Lawrence College and the Royal Military College of Canada. CMHC reported a 2.4% purpose-built rental vacancy rate for Kingston in 2025. The property is positioned within an established commercial and residential corridor experiencing new residential investment and intensification, with convenient access to shopping, transit and major transportation routes. A comprehensive due diligence package is available upon execution of a Confidentiality Agreement. Purchasers to complete their own due diligence regarding current zoning, planning approvals, servicing, easements, site area and all development-related matters. |
| Price | $4,000,000 |
| Taxes: | $37002.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 1400 Bath Road , Kingston, K7M 4Y2, Frontenac |
| Postal Code: | K7M 4Y2 |
| Province/State: | Frontenac |
| Legal Description: | PART LOT 13, CONCESSION 2, KINGSTON AS I |
| Directions/Cross Streets: | Centennial Drive |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Use: | Residential |
| Total Area: | 9.75 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Sewers: | Sanitary+Storm |
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| EXP REALTY |
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Hala Elkilany
Sales Representative
Dir:
647-502-2121
Bus:
905-731-2000
Fax:
905-886-7556
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 35 - East Gardiners Rd |
| Tax: | $37,002 |
| Fireplace: | N |
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