Here is a unique opportunity to invest in an infill development in the sought-after Kingscourt neighborhood of Kingston. This 4.57-acre lot comes with municipal services at the lot line and has already been approved for the construction of 116 stacked townhouses. The unit mix includes 58 one-bedroom and 58 two-bedroom units, offering a diverse range of housing options.
One of the key advantages of this property is the surface parking, which not only provides convenience for residents but also helps to reduce construction costs. All necessary studies have been completed, and the final drawings are nearly ready for submission for building permits, streamlining the development process.
Location-wise, this property is ideally situated just minutes away from downtown Kingston, making it a highly desirable location for potential residents. Additionally, it is conveniently located 2.3km from Queen's University, 3.5km from the Royal Military College of Canada, and 4.5km from St. Lawrence College, making it an attractive option for students and faculty.
This property is currently available for sale and offers a land size of 171.85 x 941 FT, falling within the 2-4.99 acres range. It is situated on Barbara Ave in the city of Kingston, Ontario, with the postal code K7K2M8.