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Sublease Highlights

  • Located on Princess Street in the heart of Downtown Kingston's retail district.
  • Includes a private rear courtyard that provides additional outdoor functionality.
  • Steps from Queen’s University and surrounded by restaurants, shops, and daily amenities.
  • Features a mezzanine office/storage area for operational flexibility.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 227
  • 1,100 SF
  • Negotiable
  • $25.27 USD/SF/YR $2.11 USD/SF/MO $27,795 USD/YR $2,316 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

The available space features an open retail layout complemented by a kitchen area, a mezzanine office/storage component, and access to a private rear courtyard. The configuration supports a variety of customer-facing business operations while providing functional back-of-house workspace and storage options.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Yard
  • Display Window
  • Includes mezzanine office and storage area
  • Includes rear courtyard
  • Utilities metered and paid by tenant
Space Size Term Rental Rate Rent Type
1st Floor, Ste 227 1,100 SF Negotiable $25.27 USD/SF/YR $2.11 USD/SF/MO $27,795 USD/YR $2,316 USD/MO Triple Net (NNN)

1st Floor, Ste 227

Size
1,100 SF
Term
Negotiable
Rental Rate
$25.27 USD/SF/YR $2.11 USD/SF/MO $27,795 USD/YR $2,316 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

The available space features an open retail layout complemented by a kitchen area, a mezzanine office/storage component, and access to a private rear courtyard. The configuration supports a variety of customer-facing business operations while providing functional back-of-house workspace and storage options.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Yard
  • Display Window
  • Includes mezzanine office and storage area
  • Includes rear courtyard
  • Utilities metered and paid by tenant

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,100 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 2,400 SF
Year Built 1900

About the Property

227 Princess Street offers a retail/commercial sublease opportunity in the heart of Downtown Kingston’s primary retail corridor. The space includes a rear courtyard, kitchen area, and mezzanine office/storage component, providing flexibility for a variety of retail, service, or customer-facing business uses. Positioned along Princess Street among established retailers including Roots and BSE Skateboard, the property benefits from consistent pedestrian activity and proximity to major downtown amenities. The location is less than one kilometre from Queen’s University, which serves more than 30,000 full-time students, and is within walking distance of Kingston Transit services, grocery stores, financial institutions, restaurants, and healthcare facilities. Downtown Kingston is recognized as the region’s cultural and entertainment hub, featuring more than 100 restaurants, specialty boutiques, galleries, waterfront attractions, and year-round tourism activity. The area is also experiencing continued residential and mixed-use development, including nearby condominium projects that are contributing additional residents and consumer traffic to the downtown core.

  • Courtyard
  • Mezzanine
  • Signage
  • Storage Space
  • Awning
Exceptionally walkable
100/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Tim Hortons
CIBC
TD Canada Trust
Quesada
Burger Factory
Scotiabank
The Keg Steakhouse + Bar
Jack Astor's Bar and Grill
Milestones
  • Listing ID: 41889275

  • Date on Market: 8/26/2026

  • Last Updated:

  • Address: 227 Princess St, Kingston, ON K7L 1B3

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