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223 Princess St - Crown Condos 916 - 2,741 SF Condo Units Offered at $327,407 - $1,068,720 Per Unit in Kingston, ON K7L 1B3



Investment Highlights
- Direct frontage and access on Princess Street, ensuring maximum visibility and strong traffic exposure.
- Seamless connection to a public arcade and corridor that drives consistent pedestrian flow between Princess and Queen Streets.
- Expansive layout of 2,741 SF complemented by a private courtyard patio for additional outdoor flexibility.
- Delivered in base-building condition, providing full design flexibility for retail, hospitality, or professional use.
Executive Summary
223 Princess Street in Kingston, Ontario offers a premier commercial opportunity within the prestigious Crown Condos development, located in the vibrant heart of downtown Kingston. This mixed-use property positions businesses within a dynamic community, anchored by 182 upscale residential units in a nine-story mid-rise structure. The site provides exceptional visibility along both Princess and Queen Streets, surrounded by an established retail network including Lululemon, Shoppers Drug Mart, Starbucks, and LCBO. Designed for modern convenience, the building offers controlled access, elevators, storage space, and energy-efficient features, with on-site amenities tailored for urban professionals. Future occupancy is projected for early 2025, creating an exciting opening for businesses seeking synergy in a walkable, high-traffic area boasting a walk score of 95.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102B | 2,741 SF | Office/Retail | $1,068,720 USD ($389.90 USD/SF) | - |
| Unit 103 | 916 SF | Office/Retail | $327,407 USD ($357.43 USD/SF) | - |
| Unit 104 | 1,224 SF | Office | $525,424 USD ($429.27 USD/SF) | - |
Unit 102B
| Unit Size |
| 2,741 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,068,720 USD ($389.90 USD/SF) |
| NOI |
| - |
Unit 103
| Unit Size |
| 916 SF |
| Condo Use |
| Office/Retail |
| Price |
| $327,407 USD ($357.43 USD/SF) |
| NOI |
| - |
Unit 104
| Unit Size |
| 1,224 SF |
| Condo Use |
| Office |
| Price |
| $525,424 USD ($429.27 USD/SF) |
| NOI |
| - |
Unit 102B
| Unit Size | 2,741 SF |
| Condo Use | Office/Retail |
| Price | $1,068,720 USD ($389.90 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Delivered in base-building condition, Suite 102B features soaring nine-foot exposed concrete ceilings, demising walls, and connections for essential utilities, offering a blank canvas for full customization. It includes a barrier-free design and opens onto a courtyard patio, creating a flexible space for retail, dining, or professional services. The property connects to a public corridor linking Princess Street and Queen Street, increasing foot traffic and walkability.</li></ul> | |
| Sale Notes | |
| Suite 102B offers a premier commercial opportunity within Crown Condominiums, a mixed-use development that combines upscale residential living with ground-level retail and office options in the heart of downtown Kingston. Located on Princess Street, this unit benefits from exceptional pedestrian and vehicle traffic in one of the city’s most vibrant corridors. The unit provides direct street access, enhancing visibility and drawing from a strong customer base that includes students, tourists, and area residents.</li></ul> |
Unit 103
| Unit Size | 916 SF |
| Condo Use | Office/Retail |
| Price | $327,407 USD ($357.43 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| The unit offers direct access to Princess Street and includes a courtyard patio, providing the perfect setting for outdoor service or additional seating—an ideal feature for food service operators or boutique retailers looking to enhance the customer experience. This versatile suite is delivered in base-building condition with high exposed concrete ceilings, robust utility infrastructure, and customizable layouts, allowing your vision to take shape without compromise.</li></ul> |
Unit 104
| Unit Size | 1,224 SF |
| Condo Use | Office |
| Price | $525,424 USD ($429.27 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| Suite 104 at Crown Condominiums presents a premium office opportunity in Kingston’s lively downtown core. Encompassing 1,224 square feet, this modern workspace is strategically positioned with direct Princess Street access, delivering superior prominence and connectivity for professional users seeking a central address.</li></ul> |
Property Facts
| Total Building Size | 200,000 SF | Floors | 7 |
| Property Type | Multifamily | Typical Floor Size | 16,667 SF |
| Property Subtype | Apartment | Year Built | 2025 |
| Building Class | B | ||
| Zoning | DT2 - Downtown Zone | ||
| Total Building Size | 200,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 7 |
| Typical Floor Size | 16,667 SF |
| Year Built | 2025 |
| Zoning | DT2 - Downtown Zone |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Smoke Free
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 371 - 394 |
| 1+1 | 115 | - | 426 - 598 |
| 1+1.5 | 2 | - | 495 - 706 |
| 2+2 | 31 | - | 665 - 912 |
| 3+2 | 24 | - | 854 - 1,009 |
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223 Princess St - Crown Condos
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