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    For Sale - 4656 Kingston Road, Toronto, Ontario

    Est payment $24,005/mo
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    Views   8
    Time on Jump  38 day

    AI Summary *

    • Large 21,330 sq. ft. lot near University of Toronto and Centennial College.
    • Mixed-use zoning allows for potential high-rise development up to 12 stories.
    • Short commute to Guildwood Go Station connects to downtown transit.
    • Clear potential for high-density projects along Kingston Road.
    • Flexible lease back option available from the seller for buyers.




    ** 21,330 sq. Ft. Of land in close proximity to university of toronto scarborough and centennial college-morningside campus****property has a mixed use land use designated and the kingston road avenue study encourages development revitalization up to a maximum of 12 storey condo development or rental buildings** **short commute to guildwood go station which connects transit riders to union station****city of scarborough has designated kingston rd for high density, 10 to 12 storey condo development****seller will sell and lease back the property at market rates, from the buyers so that buyers can proceed with zoning, site plan approval process with city of scarborough** please discuss lease rates with listing realtor** current zoning cr-603 allows maximum 8 storey building. Cr-604 clearly states section 6 coverage shall not apply, meaning, buyer can get exception from city to build upto 11 to 12 storey building.**key high-rise projects around kingston road, scarborough: these are just examples, to show how the kingston rd is being developed as high density area. It will be the responsibility of the buyer to obtain city zoning approvals, site plan approvals and building permits to build a 11 storey building on this site.*****4569 kingston rd., east pointe condos (next to kaltire)- 11 storey building nearly completed. ***4630 kingston rd., everston. Ca condos, 13 storeys with 417 units under construction (manse rd & kingston rd). The subject property is listed for $1, the price stated is for information only, please discuss price and other details with la. Clean phase 1 and 2 esa reports are available. Seller lease back option available for potential buyers if they are interested.
    Listing IDE12810924
    Address4656 Kingston Road
    CityToronto, Ontario
    Price$4,999,000
    StyleCommercial Retail
    Land Size21441.69
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling BaseboardSewer Sanitary+Storm Available

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    Listing Agency:  CENTURY 21 LEADING EDGE 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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    4656 Kingston Road
    Toronto , Ontario
    $4,999,000
    Get more info