Kingston, ON · · MLS® X13081484Updated
$4,595,000
385 Princess St is an office in Kingston, listed for $4,595,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Rare opportunity to acquire a fully leased, income-producing commercial asset in the heart of Downtown Kingston's vibrant "Hub" district. 385 Princess Street is a 17,000 SF, two-storey building situated on a 15,941 SF lot, 100% occupied by Queen's University - one of Canada's most prestigious post-secondary institutions. Tenants include Smith Engineering and the Health Sciences Office of Professional Development and Educational Scholarship, providing an exceptional covenant and stable long-term cash flow. The building was extensively renovated following its2020 acquisition, featuring modern open-concept workspaces, enclosed offices, conference facilities, and 24 on-site parking spaces accessible from Queen Street. Zoned Downtown Zone 1 & 2 (DT1/DT2), the site also presents significant future redevelopment potential for a 12-storey, mixed-use project with residential and commercial uses, accessible from both Princess and Queen Streets. Walk Score of 100 with direct transit access and less than 1 km to Queen's University campus.
Kingston office priced at $4,595,000 — book a tour to see if it fits your search.
Every detail from the listing, in one place.
Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Kingston market reportTransit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
Loading schools, parks, groceries and more nearby…
From 385 Princess St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 385 Princess St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Ask about 385 Princess St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Listing brokerage: CUSHMAN & WAKEFIELD, BrokerageMLS® X13081484 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Kingston
Every active Kingston MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 541 sales from Aug 8 – Nov 6, 2026 (581 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
385 Princess St is listed at $4,595,000 (MLS® X13081484). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $4,950,000 and is now $4,595,000, a drop of $355,000 (7.2%).
The listing for 385 Princess St doesn't publish its bedroom and bathroom count. It is a commercial property in Kingston.
Its asking price of $4,595,000 is about 685% above the median sold price in Kingston over the last 90 days, $585,000, across 541 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 385 Princess St on record from the last two years. Older records aren't shown under TRREB rules.
385 Princess St is in Kingston, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
186 days — 385 Princess St was listed on May 4, 2026.
About $101,350 in Ontario land transfer tax at the asking price of $4,595,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 385 Princess St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kingston.
The listing for 385 Princess St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
