After purchasing the former Prison for Women located at 40 Sir John A. MacDonald Boulevard in 2008, Queen’s has announced that it’s going to market.

The University has never used the eight-acre property, which was purchased for $2.9 million. Established in 1934, the prison was the only federal women’s penitentiary until its decommission in 2000. 

The University has yet to release an asking price, but stated in a Nov. 10 news release, the funds from the sale will go to the University’s capital reserve fund allocated to future projects. 

Rogers and Trainor Commercial Realty Broker Laurence Trainor told Global News in an interview that “four qualified parties have already” approached the University about the building. 

Queen’s University Media Centre added in the news release that “Queen’s has engaged Rogers and Trainor Commercial Realty Inc. to facilitate the sale. Queen’s University reserves the right to reject any or all offers, not necessarily accept the highest offer, and the right to accept any offer that may be in its best interest.”