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lennard.com For Sale: Commercial Development Land 1009 Coverdale Drive Prime Commercial Development Land in Kingston, Ontario

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Page 1: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.com

For Sale: Commercial Development Land

1009 Coverdale DrivePrime Commercial Development Land in Kingston, Ontario

Page 2: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.com

1009 Coverdale Drive

Yash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Asking Price

$1,590,000 ($600,000 per acre)

Available Space

2.65 Acres

Zoning

C2-50

2.65 acre commercial development opportunity located at high traffic intersection in west Kingston, Ontario.

Property Highlights• Signalized intersection

• 2 full turn access points

• Excellent traffic exposure

• Paved and serviced site ready for immediate development

• Approx. 20,000 SF of commercial development

• Shadow anchored by Dollarama & No Frills

• General Commercial Zone allows for many uses including Retail, Medical, Gas Station, Funeral Home & Drive-Thru Restaurants

• Located in west Kingston, surrounded by residential and directly across from Chartwell Retirement Residence

1009 Coverdale Drive

Page 3: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Area Overview

1009 Coverdale Drive

Chartwell Conservatory Pond

Retirement Residence

Bath Road

Bayridge Drive

Kingston Airport

CN Rail

Page 4: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Neighbouring Retail Overview

Centennial D

r

Bath Rd

Gardiners R

d

Portsm

outh Ave

Taylor Kidd Blvd

John Counter Blvd

Sir John A

. Macdonald B

lvd

Princess St

Bayridge D

r

1009 Coverdale Drive

Page 5: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Survey

Page 6: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Site Plan

Page 7: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Site Grading Plan

Page 8: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.comYash Kumar*, Vice President 905.917.2031 • [email protected]*Sales Representative

Zoning

• an auditorium;• an automatic car wash;• an automobile service

station;• an appliance rental shop;• a bank; • a beverage room;• a boat sales establishment;• a business or professional

office;• a clinic; • a commercial club;• a commercial school; • a convenience store;• a dry-cleaning or laundry

outlet;• a funeral home;• a gasoline retail facility;• a home occupation;• an institute; • a laundromat;• a merchandise service

shop; • a vehicle sales or rental

establishment; (83-43) • a parking lot;• a personal service shop;

• a copy shop;• a private club;• a public use in accordance

with the provisions of Section 5(18) hereof; a recreational establishment;

• a restaurant; • a take-out restaurant;• a retail store;• an undertaking

establishment; a veterinary clinic;

• a shopping centre consisting of any of the permitted uses listed herein;

• a day nursery.

C2-50 General Commercial Zone

Permitted Uses

1009 Coverdale Drive

Page 9: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

lennard.com

Area OverviewKingston is a city in Eastern Ontario located along Lake Ontario and midway between Toronto, Ontario and Montreal, Quebec. With a stable and diversified economy that includes global corporations, innovative start-ups and all levels of government, Kingston’s high quality of life offers access to world-class education and research institutions, advance healthcare facilities, affordable living and vibrant entertainment and tourism activities. Kingston has a population of approximately 137,000 people with a total CMA population of approximately 170,000.

Kingston is home to Queen’s University, one of the oldest degree granting institutions in Canada, and has been leading the field in post-secondary education since its foundation in 1841. Queen’s University has 24,582 students and was ranked 4th in Canada by Maclean’s University Rankings. Kingston was also ranked amongst the top 10 best cities for millennials to live in Canada in 2018.

Total Population

168,313People

Avg. Household Income

$95,003

Median Age

41.9Avg. Value of Dwellings

$391,427

Kingston Demographics

• Reliable local logistics and distribution with companies offering truckload and freight management services throughout Canada, United States and Mexico

• Direct I-81 and HWY 401 access to all major cities in the Northeast and Midwest United States

• Kingston Airport YGK - 7+ daily flights from Kingston to Toronto

• VIA Rail/CN Rail - Kingston is an express stop between Montreal and Toronto

• 1000 Islands Bridge - 30 min. access to one of Ontario's most efficient and least congested border crossings with 24-hour customs clearance

Toronto Ottawa

Montreal

260km | 2hr 15min 195km | 2hr

285km | 3hr

Syracuse, NY

180km | 2hr 15min

Distances to Major Markets Ottawa

Montreal

Syracuse

Toronto

Kingston

Kingston to Toronto... Just over a 2 hour drive

Page 10: For Sale: Commercial Development Land 1009 Coverdale Drive€¦ · Site Grading Plan. lennardo Yah uar ie Preident ... • a day nursery. C2-50 General Commercial Zone Permitted Uses

*Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2020.

Yash Kumar, Vice President 905.917.2031 [email protected]

201-60 Columbia Way, Markham 905.752.2220 lennard.com