Dark-toned commercial facade featuring a prominent red awning, ground-floor retail window, and upper-level windows Features: commercial view More Photos

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    For Sale - 1048 Kingston Road, Toronto, Ontario

    Est payment $12,485/mo
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    Time on Jump  15 day




    Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 kingston road, toronto, located at the highly visible intersection of victoria park & kingston road in the beaches. The property features 1,383 sf of prime ground floor retail and two residential units - one-bedroom unit at 884 sf and a two-bedroom unit at 1,474 sf, for a total building area of 3,741 sf, offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well maintained by the vendor, the building provides a turnkey investment opportunity. Includes one surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighborhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retailers along kingston road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's longterm value and desirability. Offered below replacement cost, 1048 kingston road represents a rare opportunity for investors seeking a core toronto mixed-use asset in one of the city's most vibrant east-end communities.
    Listing IDE13585282
    Address1048 Kingston Road
    CityToronto, Ontario
    Price$2,600,000
    StyleCommercial Retail
    Land Size1939
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  COLLIERS

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    1048 Kingston Road
    Toronto , Ontario
    $2,600,000
    Get more info