964 Kingston Rd - Storefront Retail/Residential FOR SALE


Toronto, ON M4E 1S7- East End-Danforth
$1,499,999 CAD
905-902-0452
964 Kingston Rd, Toronto, ON for Sale
$1,499,999 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | 5.3% Cap Rate

964 Kingston Rd
Toronto, ON M4E 1S7
East End-Danforth


HIGHLIGHTS

  • Located in the highly-sought-after Upper Beaches neighborhood.
  • Extenive upgrades, including storefront windows, entry doors, flooring, and new electrical.
  • Ideal passive investment with low management intensity.

OVERVIEW

Offering an attractive 5.3% year one cap rate with annual rental escalations from the retail tenant, this turnkey mixed-use investment presents secure and growing cash flow in Toronto's highly sought-after Upper Beaches neighbourhood! Fully renovated asset featuring a long-standing convenience store tenant on a triple net lease, minimizing landlord responsibilities and providing stable long-term income! The property includes 1,687 SF of renovated retail space along with a spacious 2-bedroom second floor apartment featuring a large private deck, providing stable supplemental residential income. Extensive upgrades completed including storefront windows, entry doors, flooring, and electrical improvements. Ideal passive investment with low management intensity and strong income stability! This one is worth checking out!

FOR SALE DETAILS

PRICE

$1,499,999 CAD

PRICE/SF

$600 CAD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CR 2.0

APN/PARCEL ID

190409606007800

ASK ABOUT THIS PROPERTY

Steven LorenziInTrust Commercial Real Estate Brokerage IncMore Info
905-902-0452

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Steven LorenziInTrust Commercial Real Estate Brokerage IncMore Info
905-902-0452

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