1316 Kingston Rd - Apartments CONDO FOR SALE


Toronto, ON M1N 1P6- Birchcliffe-Cliffside
$1,780,000 CAD
416-359-2706
1316 Kingston Rd, Toronto, ON for Sale
$1,780,000 CAD
Apartments CONDO - FOR SALE
1/3
null | Request Cap Rate

1316 Kingston Rd
Toronto, ON M1N 1P6
Birchcliffe-Cliffside


HIGHLIGHTS

  • AAA long-term medical tenant with strong neighborhood history, experienced operator (20+ years), and Landlord favorable personal indemnity.
  • Brand-new construction space with major renovations and investment made by Tenant
  • NNN Lease structure - Tenant pays all Property Tax, Maintenance Fees and Utilities.
  • Single tenant occupying 2 legally titled retail units (future demising options)

OVERVIEW

Situated at the base of the elegant 8 storey Terrasse at The Hunt Club by Toronto’s Upper Beaches, 1316 Kingston Road presents an opportunity to secure brand new corner retail unit in a rapidly gentrifying mixed-use neighborhood. The unit features wrap around frontage on the sunny north side of Kingston Road at the corner of Woodland Park Road, directly across from the acclaimed Toronto Hunt Club. This stretch of Kingston Road is currently undergoing significant revitalization with new mid-rise and townhouse developments redefining the streetscape and neighborhood density. With direct bus stops at front door and less than 2km from the Victoria Park Subway Station, this opportunity is well serviced by public transportation, within short proximity to Toronto’s downtown core. With an influx of new residential developments and master planned communities in the node, the area is notably underserviced, supporting long-term tenant stability and income security.

FOR SALE DETAILS

PRICE

$1,780,000 CAD

PRICE/SF

$646 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrasse at the Hunt Club

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

38,919 SF

STORIES

7

BUILDING CLASS

A

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,656 SF

ZONING

-

APN/PARCEL ID

190101210000300

ASK ABOUT THIS PROPERTY

Mike BetelCushman & WakefieldMore Info
416-359-2706

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

Mike BetelCushman & WakefieldMore Info
416-359-2706

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