1400 Bath Road Kingston (East Gardiners Rd), Ontario K7M 4Y2

10 ac
面积

$4,000,000

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. (id:44758)

商业信息

商业类型 Residential
商业子类型 Residential

房源概要

MLS® Number X13694212
房源类型 Vacant Land
社区名字 35 - East Gardiners Rd
特征 Irregular Lot Size

详 情

内部尺寸 10 Ac
设备间 市政供水

土地

英亩数
土地深度 938 Ft ,9 In
土地宽度 66 Ft ,1 In
不规则大小 9.75
Size Total 9.75 Ac
规划描述 Urm2-h

https://www.realtor.ca/real-estate/30176729/1400-bath-road-kingston-east-gardiners-rd-35-east-gardiners-rd