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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 39 days

    427 PRINCESS ST. & 177-181 DIVISION Street

    East of Sir John A. Blvd·Kingston, ON·K7K 3Y9·Near On Princess Street at the intersection with Division Street

    • 9600 sqft
    Kingston real estate›X13230038
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    An exceptional opportunity to acquire one of the most prominent, high-visibility corner locations in the heart of downtown Kingston's vibrant entertainment and student district, locally known as "The Hub." Offered together as one contiguous parcel, 427 Princess Street and 177-181 Division Street feature a premier mixed-use property at a major signalized intersection. The building includes two ground-level commercial units totaling approximately 2,540 square feet of retail or office space, paired with six residential units encompassing a total of 19 bedrooms. Configured to maximize rental yield, this property offers significant upside potential to optimize and transition existing rents to current market rates. The location boasts an unparalleled walk score, situated within comfortable walking distance to Queen's University, both major hospitals (HDH and KGH), the scenic waterfront, and is considered the gateway to Kingston's downtown core. Surrounded by essential infrastructure and flanked by numerous recent large-scale, high-density residential developments, this premier corner represents a secure, high-growth acquisition primed to capitalize on Kingston's robust institutional and rental demand

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 1, 2026ListedCurrentFor sale$3,750,000 —X13230038This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Other
      Air conditioning
      Partial
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 427 PRINCESS ST. & 177-181 DIVISION Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $18,423
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,962
    0.63% mill rate · ON
    The market

    How this home sits in the Kingston market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kingston market right now

    Average sold price, days on market, and closed-transaction count for Kingston — sourced from MLS®.

    • Avg sold price
      $647,634
      Last 30 days
    • Median sold price
      $605,000
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      525
      MLS® transactions
    Full Kingston market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 427 PRINCESS ST. & 177-181 DIVISION Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 427 PRINCESS ST. & 177-181 DIVISION Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 427 PRINCESS ST. & 177-181 DIVISION Street listed for?

      427 PRINCESS ST. & 177-181 DIVISION Street is listed at $3,750,000 on the MLS® (listing X13230038). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 427 PRINCESS ST. & 177-181 DIVISION Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Investment
  2. Asking
    $3,750,000
    $391 / sqft · MLS® X13230038
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $647,634
    $595,823Confidence range$699,445
    Asking vs estimate
    ↑↑well-above
    +$3,102,366
    (+479.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Kingston sell in about 28 days — this one has been listed 39 days.

    Avg sold price
    $647,634
    Median sold
    $605,000
    Avg days on market
    28
    Recently sold
    525
    See comparable sales
    The building includes two ground-level commercial units totaling approximately 2,540 square feet of retail or office space, paired with six residential units encompassing a total of 19 bedrooms.
  4. Configured to maximize rental yield, this property offers significant upside potential to optimize and transition existing rents to current market rates.
  5. Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Outside/Surface
  6. Lot & land

    3
    Lot dimensions
    92 x 106
    Lot features
    Irregular Lot
    Zoning
    DT1
  7. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Apartment
    Property class
    Investment
  8. Combined estimate
    $20,385
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $18,423
    /mo
    based on the purchase price of $3,750,000
    $750,000 cash
    $3,000,000 financed
    $2,526,787 total interest
    Monthly payment$18,423/ month
    Principal54%$3,000,000
    Interest46%$2,526,787

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More investments in Kingston

    Active listings within ±20% of this asking price.

    • 49-67 Adelaide Street
      $3,199,900
      49-67 Adelaide Street
      Investment 12
    • 287 Westdale Avenue
      $4,134,000
      287 Westdale Avenue
      Investment
    • 647 Princess Street
      $3,950,000
      647 Princess Street
      Investment
    • 207 Wellington Street
      $4,400,000
      207 Wellington Street
      Investment
    • 1485 WESTBROOK Road
      $3,300,000
      1485 WESTBROOK Road
      Investment
  9. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE · displayed on Summitly per MLS® data-share rules

    427 PRINCESS ST. & 177-181 DIVISION Street is a 9600 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 427 PRINCESS ST. & 177-181 DIVISION Street built?

    The year built for 427 PRINCESS ST. & 177-181 DIVISION Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 427 PRINCESS ST. & 177-181 DIVISION Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 427 PRINCESS ST. & 177-181 DIVISION Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 427 PRINCESS ST. & 177-181 DIVISION Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,750,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 427 PRINCESS ST. & 177-181 DIVISION Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 427 PRINCESS ST. & 177-181 DIVISION Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 427 PRINCESS ST. & 177-181 DIVISION Street in?

    427 PRINCESS ST. & 177-181 DIVISION Street is in East of Sir John A. Blvd, Kingston. The 'Neighbourhood' section below links to the live Kingston real estate hub with average sold price, days on market, and current inventory.

  19. Is Kingston a good place to live?

    Kingston is one of ON's actively-tracked Summitly markets. The full Kingston real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.