2360 Princess St

Kingston,

MLS®: X5359841

7.50 sqft

$9,975,000

1 month ago

Viewed 2 times

For Sale

Description

Redevelopment Opportunity With Holding Income. 7.5 Acres? 518.21 Ft. Frontage On Princess Street/Hwy 2. The Lasalle Travelodge Is A Full-Service Hotel With A Motel Component. Possible Development Opportunities Include A Retirement Residence W/Extended Care Facility, Mixed Use Residential/Commercial Condo Complex, Student Housing, Hotel Expansion, Mixed Use Retail/Office/Commercial. Hotel 47,068 Sq.Ft.? And Motel 13,657 Sq.Ft.? Total 60,725 Sq.Ft.?

Extra

Area Shopping - Rona, Farm Boy, Costco, Freshco, Shoppers Drug Mart, Walmart, Cdn Tire, Lowes, Cataraqui Cntr Mall, Lcbo & Loblaws. Backs On To A Residential Subdivision. The Rear Of Property Fronting Ellesmere Avenue.

Key Facts

  • Taxes: $n/a
  • MLS#: X5359841
  • Price: $9,975,000
  • Status: Sale
  • Type: Investment
  • Style: n/a
  • Size: 7.50
  • Updated: 2021-09-07 16:15:21.0
  • Year Built: n/a

Property

  • Type: Investment

Commercial General

  • Depth: 635.00
  • Lot Front: 518.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Garage: Outside/Surface
  • Heating: Other
  • Possession Date: Immediate
  • Seller Property Info Statement: N
  • Zoning: C2-1-H
  • Type: U.
  • Tax Year: 2021
  • Use: Hotel/Motel/Inn
  • Chattels: Y
  • Financial Statement: Y
  • Franchise: Y
  • Freestanding: Y
  • Legal Description: Part Lot 14 Com.3 Kingston As In Fr315986: S/T
  • LLBO: Y
  • Category: Accommodation
  • Total Area: 7.50
  • Total Area Code: Acres
  • Type Taxes: Annual
  • Utilities: Y
  • Area Influences1: Major Highway
  • Area Influences2: Public Transit
  • Orig lp cd: For Sale

Price History

Updated Price Event
$9,975,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 07 Sep, 2021. Days On Market: 1 Days

Listing By: ROYAL LEPAGE REALTY PLUS, BROKERAGE Information Updated: 2021-09-07 16:15:21.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700