43 Portsmouth Avenue, Kingston, ON K7M 1V3

$319,900

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List Price
$319,900
MLS#
X13672680
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Kingston
Area
Frontenac
Neighborhood
18 - Central City West
Subdivision
Portsmouth Avenue & Churchill Street

Property Description

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.

Additional Information

Taxes
$2,954
Exterior
Other
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
1
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE.