43 Portsmouth Avenue, Kingston, ON K7M 1V3

About this property

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.

Property facts & features

Property type

Vacant Land

MLS® number

X13672680

Source status

New

Bedrooms

0

Bathrooms

0

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

K7M 1V3

Parking spaces

1

Garage

None

Lot depth (source units)

132.31

Annual property tax

2954

Basement

Not provided

Laundry

Not provided

Interior features

None

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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