Crown Condos

About This Project

GET INSIDER FIRST ACCESS TO CROWN CONDOS
✓ Get Access to the first round of sales before General public
✓ at Platinum VIP discounted pricing
✓ Bonus exclusive Incentives, Savings

✅ SPECIAL VIP INCENTIVES
✅ $5,000 in Upgrade Credits (or 1 Year Leasing Services + Property Management )
✅ Smart Home Technology Package ((Smart Door, Smart Lights, Smart Thermostat)
✅ $0 Assignment (+ $1,500 Legal and Administrative Fee)
✅ Free Vertical Bicycle Storage
✅ and more!

Crown Condos is a New Condo Development by IN8 Developments, currently in the Pre-construction phase located in Downtown Kingston, ON, at 223 Princess Street, Kingston ON.

This Development is scheduled for completion in September 2023

Building: 9 Stories, 182 units.
3,500 Sq. Ft. of Commercial Space

Reasons for Home Owners and Investors to choose Crown Condos:

✔️ High Demand, Low Supply shortage for rentals in Kingston, means great Investment opportunity
✔️ Located in Prime downtown Kingston, Ontario
✔️ Rated the #1 “Best Cities To Move To Near Toronto, For Those Thinking Of Getting Out” By the Huffington Post
✔️ 9-minute walk from Queens University
✔️ 10-minute walk from the lake
✔️ a rare new condo launch for the beautiful and historic Kingston, Ontario
✔️ FULLY-ZONED & SITE PLAN APPROVED
✔️ Demolition starting this month (June, 2021)

📱 Call Clara at 416-930-3063 for more details and to Reserve Your Unit

Please Register below to Receive the Pricelist and Floorplans and the Latest Exclusive Incentives


Rental Market in Kingston:
● Kingston has a population of 136,685 (2017)
● Kingston has the lowest vacancy rate in Ontario 10th lowest now per statcan
● Healthy vacancy rate is considered to be 3%. Kingston has a 2.9% vacancy rate
● Among new building (built after 2005) vacancy rate is only 0.3%
● Kingston has the 3rd highest rental rates in Ontario only behind Toronto and Ottawa
● Rental rates increased 7.9% 2018-19
● Current supply of student rentals are 50-100 year old houses in poor condition, no amenities, and high maintenance costs
● 1 and 2 bedroom new purpose built luxury accommodations are scarce and highly sought after
● Students at Queen’s pay $750-800/month for a bedroom in a 5-7 bedroom house. More than 40% more than the same type
of accommodation in Waterloo or Hamilton
● Low supply has led to record low vacancy rates and very high rental rates
● In addition wealthy students and a growing number of international students desire luxury private accommodations and
they can afford higher prices

Real Estate Market in Kingston:
● Kingston prices appreciated 11.6% in 2020
● Inventory is at a record low in 2021
● Record high in sales in April occurred in 2021
● Average list price of 1.2m
● Only four high-rise condo buildings in Downtown Kingston.
o Two built over 25 years ago that do not have modern amenities
o The third is dedicated to affordable housing
● Since 2011, only 17 condo sales have occurred within the upper echelon of available condos at 5 Gore
o Sale prices since 2019 have been between 1.1 and 1.8 million!


📱 Call Clara at 416-930-3063 for more details and to Reserve Your Unit

Please Register below to Receive the Pricelist and Floorplans and the Latest Exclusive Incentives