Rare opportunity to acquire approximately 9.75 acres of multi-residential development land strategically located at Bath Road and Centennial Drive in Kingston. Zoning approvals are in place for a proposed 240-unit (390-bedroom) development across four apartment buildings. Based on the asking price, this represents approximately $16,667 per proposed residential unit. Significant planning and engineering work has been completed, including the zoning by-law amendment, engineering studies, planning reports, registered access easement to Centennial Drive and commencement of the Site Plan Application process. Municipal servicing capacity has been confirmed and servicing allocation has been granted for the proposed development of up to 240 residential units. Kingston offers strong fundamentals for purpose-built rental housing, supported by population growth, health-care and public-sector employment, and a significant post-secondary population anchored by Queen's University, St. Lawrence College and the Royal Military College of Canada. CMHC reported a 2.4% purpose-built rental vacancy rate for Kingston in 2025. The property is positioned within an established commercial and residential corridor experiencing new residential investment and intensification, with convenient access to shopping, transit and major transportation routes. A comprehensive due diligence package is available upon execution of a Confidentiality Agreement. Purchasers to complete their own due diligence regarding current zoning, planning approvals, servicing, easements, site area and all development-related matters.
Address
1400 Bath Road
List Price
$4,000,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Kingston
Sub-Area
35 - East Gardiners Rd
Region
Frontenac
Lot Size Source
MPAC
Lot Depth
938.83
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
66.09
Parcel Number
360841710
Total Building Area
9.75
Occupant Type
Vacant
Cross Street
Centennial Drive
MLS® Number
X13694212
Listing Brokerage
EXP REALTY
Postal Code
K7M 4Y2
Posession Details
TBD
Tax Amount
$37,002.00
Tax Year
2026
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Tax Legal Description
PART LOT 13, CONCESSION 2, KINGSTON AS IN FR541726 & FR567746, EXCEPT PARTS 1 &2, 13R22077; S/T INTEREST IN FR776738; S/T TKT11769; KINGSTON TOGETHER WITH AN EASEMENT OVER PART LOT 13 CONCESSION 2, KINGSTON BEING PART 1 13R22182 AS IN FC366824
Sewer
Sanitary+Storm Available
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