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505 Princess St, Kingston, ON, K7L 1C3

MLS® # X9369556
Commercial For Sale In Queens, Kingston, Ontario
$449,000
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
505 Princess St, Kingston, ON
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505 Princess St, Kingston, ON, K7L 1C3
$449,000

Property Information:

Big Smoke Burger franchise in downtown Kingston Ontario on Princess Street. This is a premium build out and a completely renovated quick service restaurant (QSR) with brand new hood, ventilation, leaseholds,and systems with all new equipment. This location features the brand new look and colours of the franchise and is turnkey ready for a hands-on operator. Full training and support provided by head office pending franchisee/buyer approval. Please do not go direct or speak to staff.

Lease rate of $4,336 Gross Rent including TMI with a long 10 + 5 + 5 year term. Royalties of 6% + 3%. 1parking space for ownership included. 1,382 sq ft layout with long QSR counter and seating for 30.Growing sales in a great location.

Building Features:

  • Style: Business
  • Basement: Yes
  • Elevator: None
  • Garage Type: Outside/Surface
  • Parking: Yes
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 2
  • Annual Tax Amount: $0
  • Air Conditioning: Central Air
  • Area Influences: Public Transit, Rec Centre
  • Floor Space (approx): 1382 Square Feet
  • Lot Depth: 86.16 Feet
  • Lot Frontage: 50 Feet
  • Occupancy: Tenant
  • Sewers: San+Storm
  • Survey: No
  • Utilities: Available
  • Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 505 Princess St, Kingston, ON, K7L 1C3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

38 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

38 hot days expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 505 Princess St , experiences 7 hot days per year at around 29.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 33.1 degrees Celsius.

Projected Avg. Temperature

Past
29.4℃
2050
33.1℃

# Hot Days Per Year

Past
7
2050
38

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 505 Princess St , experiences 11 significant 2-day storms per year, with about 331.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 417.5mm of precipitation per year.

Precipitation Per Storm

Past
331.6mm
2050
417.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 505 Princess St, Kingston, ON, K7L 1C3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$118,014.84

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

2.32 %

High school certificate or equivalent

42.48 %

Apprenticeship trade certificate/diploma

0.34 %

College/non-university certificate

12.18 %

University certificate (below bachelor)

0.2 %

University Degree

42.47 %

Commuter

Travel To Work

By Car

40.71 %

By Public Transit

7.12 %

By Walking

43.83 %

By Bicycle

0.55 %

By Other Methods

7.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.03 %

Houses

31.97 %

Own Vs. Rent