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Listed by Martin Skolnick • Rockwell Commercial Real Estate, Brokerage
$ 12,900,000
Est. payment /mo
Active
500 Cataraqui Woods Drive Kingston, ON K7P 0V3
UPDATED:
10/12/2024 08:38 PM
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40653873
Originating Board Kingston
Annual Tax Amount $58,274
Property Description
Presenting an unparalleled chance to acquire a prime parcel of zoned development land in Kingston’s fast-growing west end, this property includes recent zoning approvals in place permitting a density of up to 280 units per net hectare, up to 6 stories of residential, and allowing for commercial space on the ground floor. Its strategic location, coupled with high demand for rental apartments, positions this property as an ideal canvas for visionary developers. With ± 5.344 acres of well-configured land on a prominent corner, this opportunity offers limitless potential to create a landmark destination that caters to the evolving needs of the community. For qualified buyers, a comprehensive package of due diligence documentation is available, ensuring a transparent and efficient transaction process.
Location
Province ON
County Frontenac
Area Kingston
Zoning URM2-E142-E143-H231
Direction Northwest corner of Cataraqui Woods Drive and Centennial Drive
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Waterfront No
Garage No
Building
Lot Description Urban, Corner Lot, Highway Access, Public Transit, Visual Exposure
Faces Northwest corner of Cataraqui Woods Drive and Centennial Drive
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 360862098
Ownership Freehold/None
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