Salehian.com 647-325-5000

842 Princess Street

14 - Central City East, Kingston, K7L 1G3

$890,000

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Listed 77 days ago · MLS® X13635866

About this home

Prime downtown Kingston investment opportunity-Property & Well established restaurant business for sale. Rare opportunity to acquire both a commercial property and a Chinese style restaurant in the downtown Kingston. Strategically located in a high-traffic Commercial district with excellent pedestrian and vehicle exposure, this property is surrounded by hotels, major banks, Canadian Tire, national retailers, and variety of established business. Conveniently located just minutes from Queen's University and within close proximity to the U.S. border, the area benefits from a stron mix of local residents, students, professional, and tourists year-round.

Details

Type
Sale Of Business
Lot
41.6 × 102.48 ft
Garage
None
Property tax
$19,000 (2026)
Neighbourhood
14 - Central City East
Municipality
Kingston

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Partial
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
3,500 Square Feet

More

Possession
TBA-30 days
Cross street
Princess St/MacDonnell St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 3 grocery stores, 12 cafés and restaurants, 9 parks, 5 pharmacies. Nearest grocery: Conveniently Convenient (600 m). Nearest park: Rideau School Parkette (450 m).

Schools nearby

Elementary

  • Rideau Public School
    EQAO: Gr 6 reading 91%, math 59%    9 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 92%, math 40%    1.3 km
  • Winston Churchill Public School
    EQAO: Gr 6 reading 97%, math 75%    1.3 km
  • École élémentaire publique Madeleine-de-Roybon French
    EQAO: Gr 6 reading 96%, math 73%    1.4 km

Secondary

  • Loyalist Collegiate and Vocational Institute / Calvin Park Public School
    EQAO: Gr 9 math 48%, literacy test 86%    15 min walk
  • Limestone School of Community Education16 min walk
  • Regiopolis-Notre Dame Catholic High School Catholic
    EQAO: Gr 9 math 61%, literacy test 83%    1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K7L

Owners / renters
46% / 54%
Median household income
$72,500
Average age
43
Children under 15
9%
Homes
40% detached, 24% high-rise
Commute by transit
6%
Population
19,621

Languages spoken most at home besides English: Mandarin 1.7%, Arabic 0.5%, Spanish 0.5%, Portuguese 0.3%.

Safety

Crime Severity Index for Kingston police: 69 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX CROSSROADS REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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