THIS PROJECT ARE 100% ALL SOLD OUT, PLEASE REGISTER BELOW FOR THE NEXT PHASE!!
Queens University has a total enrolment of 24,582 students (2013) however only have on-campus housing for 3,900 students. This creates a high-demand for off campus student housing. Furthermore 95% of all incoming students arrive from outside of Kingston, which only adds to the already high rental demand. All units will come with 3 Years Rental Guarantee and 3 Years Free Property Management. University Suites is also offering furnished suites to all units purchased. With Annual Return upto 18%. This is advantageous to both the owner and potential tenant as it allows the landlord to obtain a higher lease amount and it saves the tenant upfront cost of purchasing furniture and appliances as well as moving these in and out of the rental property.
The building will be the pinnacle for off campus student housing in Kingston. It will be comprised of ground floor retail space. Amenities in the building will include an
- exercise room
- yoga studio
- study rooms
- guest suites
- media room
- squash court
Deposit: 15% within a year, 5% on occupancy.
Maint. Fee: $0.42 per sf. includes: heating, air conditioning, water, common areas, wireless internet, building insurance and reserve fund contributions.
Occupancy: May 2017
Price from $190's CONTACT ME FOR FIRST PLATINUM ACCESS!!!!
A brand new community is blossoming in the prominent city of Kingston, Ontario that is going to change student housing forever! University Suites by PRK Developments is bringing all of the comforts and amenities of condominium style living to “The Hub.” As one of Canada’s most historically important cities, Kingston was the home of our first Prime Minister and founding father, Sir John A. Macdonald, but these days, it’s home to thousands of students attending Queen’s University, making this prime real estate for investors and potential homebuyers alike! Located in the heart of the university district, The Hub is only a few strides away from the Queen’s campus. Right on the corner of Princess and University Avenues, two of Kingston’s most distinguished streets, residents will have complete access to the best in the city with regards to shopping, dining, entertainment and transportation.
Offering 195 turn-key, rent ready suites with three year lease backs, this development has prices starting from $188,900! Residents and locals will also gain access to the new shops available at ground level with preferential designers and retailers coming to further embellish the community streetscape. As one of Kingston’s up-and-coming areas, The Hub is near trendy restaurants, cafes and eateries, hospitals and shopping, but it can also be home to those who work in the neighbouring business district, which is thriving more and more each day. Engulfed by historical sites, Victoria Park is just a block away, making for a great solo retreat or tourist attraction for visiting guests.
Smaller in scale than Ontario’s other renowned cities like Toronto or Ottawa, Kingston offers small town conveniences with a big city lifestyle (when you want it). Unlike the big cities, Kingston provides residents with shorter commutes, throughout the city at any time, while maintaining dynamic business and entertainment industries. Due to its long existence and historical relevance, the city also offers state-of-the-art amenities, including access to the breathtaking shores of Lake Ontario. Residents can visit marinas, be a part of yacht clubs, enjoy the romantic parks under the shade of mature trees and explore Canada’s historical gems by visiting the preserved and restored heritage buildings.
Register below or call 416-618-9890 for more information!