8 Starr Pl - Hospitality FOR SALE


Kingston, ON K7L 4V1
$1,995,000 CAD
647-424-4534
8 Starr Pl, Kingston, ON for Sale
$1,995,000 CAD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

8 Starr Pl
Kingston, ON K7L 4V1


HIGHLIGHTS

  • Turnkey boutique accommodation
  • Historical significance
  • Potential for adaptive re-use or various hospitality models

OVERVIEW

Unparalleled and distinguished, Whitney Manor is a unique five suite boutique hotel opportunity that combines historic elegance with modern luxury. A self-catered accommodation model, the current configuration offers three 2 bedroom suites and two 1 bedroom suites. Each self-contained luxury suite features a fully equipped kitchen, spacious living and dining areas, private balcony or patio, in-suite laundry and architectural details that reflect the property's history. Built in 1817, this Heritage designated property remains one of the oldest limestone structures in the Kingston area. Designed in the likeness of an English estate with rectangular limestone blocks, cathedral ceilings and hand hewn beams, the architectural integrity and conservation of the property have been maintained through careful stewardship. This unique boutique accommodations business model boasts 75% average occupancy rate year-round, reaching close to 100% occupancy in peak summer months. Strategically located a few minutes drive from downtown Kingston, Gananoque and a ferry ride to the US. With prime positioning within a residential enclave alongside the St. Lawrence River, Whitney Manor offers an extraordinary opportunity to own a piece of Kingston's rich heritage with a turnkey boutique business investment. Adjacent to the Whitney Manor, the vacant building lot offers a site area of 21,741 sq ft. This lot can be purchased in conjunction with or following the purchase of the Manor.

FOR SALE DETAILS

PRICE

$1,995,000 CAD

PRICE/SF

$208 CAD /SF

# OF ROOMS

5

PRICE/ROOM

$399,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whitney Manor

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1817

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,589 SF

ZONING

R1-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Shirley Yoon KimSotheby's International Realty CanadaMore Info
647-424-4534

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Shirley Yoon KimSotheby's International Realty CanadaMore Info
647-424-4534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.