1048 Kingston Rd - Storefront Retail/Residential FOR SALE


Toronto, ON M4E 1T4- East End-Danforth
$2,700,000 CAD
416-777-2200
1048 Kingston Rd, Toronto, ON for Sale
$2,700,000 CAD
Storefront Retail/Residential - FOR SALE
1/6
null | 6% Cap Rate

1048 Kingston Rd
Toronto, ON M4E 1T4
East End-Danforth


HIGHLIGHTS

  • Highly visible location with convenient access to major transportation routes.
  • Positioned in a growing commercial corridor with strong traffic counts.
  • Close proximity to residential neighborhoods and employment centers.

OVERVIEW

Colliers International (the “Agent”) is pleased to present the opportunity to acquire 1048 Kingston Road (the “Property” or the “Building”), a newly developed 3,741 square foot, 3-storey mixed-use retail and residential building with 20 feet of street-front exposure along one of the Beaches’ most active retail nodes. The building is currently 100% leased, offering investors immediate, predictable cash flow with rental upside, as in-place rents are below market benchmarks. The Property comprises 1,383 square feet of ground-floor retail space and two self-contained apartment units. The residential component includes an 884 square foot bachelor suite on the second floor and a 1,474 square foot two-bedroom suite spanning the second and third floors, each with a separate entrance. The retail unit benefits from strong visibility and exposure along Kingston Road, one of the Beaches’ primary commercial corridors, while the residential suites offer above-average unit sizes compared to most residential units located above street-level retail, supporting strong tenant appeal and retention. The Property’s tenancy profile supports strong, reliable income today, with embedded growth potential tied to Kingston Road’s ongoing reinvestment and transformation into a major mixed-use corridor.

FOR SALE DETAILS

PRICE

$2,700,000 CAD

PRICE/SF

$722 CAD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CR2.0

APN/PARCEL ID

190409609005900

ASK ABOUT THIS PROPERTY

Jeremiah ShamessColliersMore Info
416-777-2200

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Jeremiah ShamessColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.