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    For Sale - 12 Old Kingston Road, Toronto, Ontario

    Est payment $72,029/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • High-yield mixed-use property with stable commercial and residential income.
    • Ideal location for future mid-rise redevelopment along Kingston Road.
    • Current tenants include a flagship showroom with a long-term lease.
    • Well-maintained asset with minimal immediate maintenance costs.
    • Diverse income sources, including a leased detached residential unit.




    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***
    Listing IDE12942218
    Address12 Old Kingston Road
    CityToronto, Ontario
    Price$15,000,000
    Bath2 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  HOMELIFE NEW WORLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    12 Old Kingston Road
    Toronto , Ontario
    2 $15,000,000
    Get more info