Homes for sale - 27-35 Princess ST, Kingston, ON K7L 1A3

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NATALIA BIRNBAUM

natalia@ilookoutforyou.ca +1(647) 847-5665

$ 18,500,000

Est. payment | -/mo

69,391 SqFt

Save

$ 18,500,000

Est. payment | -/mo

Save

69,391 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 69,391 sqft

Price per Sqft $266

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X12153617

Annual Tax Amount $519,024

Tax Year 2024

Property Sub-Type Investment

Property Description

Rockwell Commercial is pleased to present the rare opportunity to acquire a fully leased Class A office/retail building with on-site parking located at 27-35 Princess Street, in the heart of beautiful Downtown Kingston. This four-storey limestone heritage building offers over 69,391 square feet of prestigious office space, retail space, and amenity areas blending timeless architectural character with modern building systems. Known as The Smith Robinson Building, it stands prominently at the base of Princess Street, just steps from The Slush Puppy Place, Springer Market Square, City Hall, and the waterfront. The property is 100% occupied by a stable mix of quality tenants such as Milestones, TD Bank, Cunningham Swan LLP,HDR Architects, etc. on long-term leases, generating reliable in-place income with upside potential through future rent escalations. The building benefits from both underground and surface parking, and recent capital improvements have been made to key infrastructure, including roofing systems. This asset offers investors the opportunity to own a signature downtown Kingston property with enduring value, historical appeal, and excellent income stability. For qualified buyers, a comprehensive package of due diligence materials is available, ensuring a transparent and efficient transaction process. 27 Princess Street and 35 Princess Street are two separately deeded properties with separate PINs and Legal Descriptions. Lot dimensions and areas, parking spaces, and taxes shown here are combined amounts.

Location

Province ON

County Frontenac

Community 22 - East Of Sir John A. Blvd

Area Frontenac

Zoning DT2

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 198.26

Lot Depth 131.99

Others

Security Features Yes

Listed by ROCKWELL COMMERCIAL REAL ESTATE, BROKERAGE

MY BLOGS

"My job is to guide clients through the intricate process of buying or selling real estate with expertise, integrity, and unwavering dedication, ensuring their goals are not just met but exceeded as they embark on their journey towards homeownership and financial prosperity."

+1(647) 847-5665

natalia@ilookoutforyou.ca

938 Eglinton Ave W, Toronto, M6C, 2C2, Canada

27-35 Princess ST Kingston, ON K7L 1A3

NATALIA BIRNBAUM

Key Details

Location

Interior

Exterior

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LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

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27-35 Princess ST

27-35 Princess ST Kingston, ON K7L 1A3

NATALIA BIRNBAUM

Key Details

Location

Interior

Exterior

Others

EXCLUSIVE

GOODBYE BIDDING WARS!Sign up now to receive notifications when we have off-market properties that match your criteria.

MY BLOGS

LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

HOW CAN WE HELP?

Go tour this home

27-35 Princess ST

GOODBYE BIDDING WARS!
Sign up now to receive notifications when we have off-market properties that match your criteria.