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$15,000,000
Available - For Sale
Listing ID: E12942218
Excellent Kingston Rd Exposure-Mixed-Use Cash Flow Asset with Mid-Rise Redevelopment PotentialExecutive SummaryA rare opportunity to acquire a high-yielding, mixed-use property situated along the Kingston Road Corridor-a designated "Avenue" for intensification by the City of Toronto. This "covered land play" features stable commercial and residential income ($200,000+ Gross Annual) with lease expiries strategically aligned for a 2027 redevelopment window.Total Commercial GFA: ~8,675 sq. ft. Residential Component: Detached House (Currently Leased) Current Gross Income: ~$202,800 per annum Zoning: Commercial / Residential (Mixed-Use) Financing: Vendor Take-Back (VTB) interest possible for qualified purchasers.Investment Highlights1. Immediate & Stable Cash FlowThe property is anchored by a flagship showroom and warehouse tenant with a lease through March 2027. The tenant covers all interior maintenance and utilities, significantly reducing landlord "leakage." An additional residential unit provides diversified monthly income ($2,900/mo).2. Significant Redevelopment UpsideLocated within the Kingston Road "Avenue" framework, the site is a prime candidate for mid-rise densification. Recent precedents in the immediate area include successful applications for 10-12 storey mixed-use buildings. The site is perfectly positioned to capture the demand for "Missing Middle" housing and transit-oriented development.3. Operational Excellence & Low CapExThe asset has been meticulously maintained by the current owner-operator, who runs a professional HVAC company. All mechanical systems are in good operating condition, minimizing immediate capital expenditure requirements for the incoming investor. ***By Appointment Only***
Price $15,000,000
Taxes: $32,869.82
Tax Type: Annual
Occupancy by: Owner+T
Address: 12 Old Kingston Road , Toronto, M1E 3J5, Toronto
Postal Code: M1E 3J5
Province/State: Toronto
Legal Description: Ptl 10 C1 Pl2504
Directions/Cross Streets: Kingston/Morningside
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Highway Commercial
Building Percentage: T
Total Area: .82
Total Area Code:  Acres
Retail Area Code: %
Area Influences: Public Transit  
Approximatly Age: 31-50
Maintenance: 0
Sprinklers: Part
Outside Storage: T
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
Sewers: Sanitary+Storm
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HOMELIFE NEW WORLD REALTY INC.

12 Old Kingston Road , Toronto, M1E 3J5, Toronto

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E10
Neighbourhood: West Hill
Style:
Lot Size: x 351.00(Feet)
Approximate Age: 31-50
Tax: $32,869.82
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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