Kensington Business Park
The Town of Kensington is now selling lots in their new 38 lot Business Park. Full services include 3-phase power, water, wastewater, storm sewer (curb & gutter), and telecommunications/Fibre op.
How do I Purchase a Business Park Lot?
Step 1: Select a lot
View the lot availability and pricing to help you decide which lot meets your business needs.
Step 2: Fill out an application form and submit it to us
Fill out an application form and submit it to Kensington Town Hall at 55 Victoria Street E. Kensington, PE OR by e-mail to firstname.lastname@example.org
The application will be reviewed to ensure that the proposed development is permittable under the Industrial (M1) Zone.
Step 3: Read and sign the Purchase and Sale Agreement and submit it with a 10% down deposit
Read our Purchase and Sale Agreement. We will draft a Purchase and Sale Agreement that is specific to your lot purchase. We will also help you pick a date on which the purchase will be completed. This date will be put in the agreements and is called the closing date. You can then review the agreements with your legal council, sign them, and return them to us. During this time we will not sell the lot you have selected to anyone else. The down deposit must be in the amount of 10% of the lot purchase price. The down deposit must be a cheque, we cannot accept credit cards or cash. The amount you provide to us as a down deposit will be credited to your lot purchase price at the time the purchase is completed.
Step 4: Complete the purchase
You can now purchase the lot. On the closing date you must pay the balance of the lot purchase price. When the purchase is complete the lot will be under your ownership.