Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

43 Portsmouth Avenue Kingston, Ontario K7M 1V3

$319,900

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. (id:67947)

Property Details

MLS® Number X13672680
Property Type Vacant Land
Neigbourhood Portsmouth
Community Name 18 - Central City West
Amenities Near By Public Transit, Schools, Park, Hospital
Features Irregular Lot Size, Flat Site
Parking Space Total 1

Building

Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Schools, Park, Hospital
Sewer Sanitary Sewer
Size Depth 132 Ft ,3 In
Size Frontage 32 Ft ,3 In
Size Irregular 32.3 X 132.31 Ft
Size Total Text 32.3 X 132.31 Ft|under 1/2 Acre
Surface Water Lake/pond

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/30152777/43-portsmouth-avenue-kingston-central-city-west-18-central-city-west

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Krishan Nathan, Royal LePage Proalliance Realty, Brokerage · Ryan Legrow, Royal LePage Proalliance Realty, Brokerage

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

Before committing, ask about fees, early repayment charges, closing dates and lender conditions, and request your options and costs in writing. More contacts are in the Sigounis Properties Resource Directory.

Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.