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.
| Listing Key: | X13694212 |
|---|---|
| List Price: | $4,000,000 |
| Property Type: | Commercial |
| Property Sub Type: | Land |
| Property Status: | Active |
| Bathrooms Total Integer: | 0 |
| Tax Annual Amount: | $37,002 |
| Waterfront?: | No |
| City: | Kingston |
| City Region: | 35 - East Gardiners Rd |
| Postal Code: | K7M 4Y2 |
| Assessment Year: | 2,025 |
| Basement Yn: | No |
| Building Area Total: | 9.75 |
| Building Area Units: | Acres |
| Business Type: | Residential |
| City Region: | 35 - East Gardiners Rd |
| Contract Status: | Available |
| Cross Street: | Centennial Drive |
| Ddfyn: | Yes |
| Holdover Days: | 60 |
| Hst Application: | In Addition To |
| Listing Contract Date: | 2026-08-19 |
| Listing Key: | X13694212 |
| List Price Unit: | For Sale |
| Lot Depth: | 938.83 |
| Lot Shape: | Irregular |
| Lot Size Source: | MPAC |
| Lot Size Units: | Feet |
| Lot Type: | Lot |
| Lot Width: | 66.09 |
| Status: | New |
| Original List Price: | $4,000,000 |
| Parcel Number: | 360841710 |
| Possession Details: | TBD |
| Property Use: | Designated |
| Roll Number: | 101108018001001 |
| Sales Brochure Url: | https://www.1400bathroad.com/ |
| Sewer: | Sanitary+Storm Available |
| State Or Province: | ON |
| Tax Type: | Annual |
| Tax Year: | 2026 |
| Transaction Type: | For Sale |
| Utilities: | Available |
| Water: | Municipal |
| Zoning: | URM2 |
| Directions: | Bath Road & Centennial Drive |
| Lot Size Area: | 9.75 |
| Lot Size Area Units: | Acres |
| Possession Type: | Flexible |
| Parcel Number2: | 360841850 |
| County Or Parish: | Frontenac |
| City: | Kingston |
Listing Courtesy of: EXP REALTY
Listing Agent:
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Toronto Real Estate Board data last updated on October 08, 2026 04:53 PM - ET.
Property Last Updated: October 08, 2026 04:53 PM - ET





