Toronto E02, ON M4E 1T4,1048 Kingston RD
Toronto E02, ON M4E 1T4,1048 Kingston RD
Toronto E02, ON M4E 1T4,1048 Kingston RD
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$2,700,000
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1048 Kingston RD Toronto E02, ON M4E 1T4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Municipality Toronto E02

Subdivision East End-Danforth

MLS Listing ID E12686896

Annual Tax Amount $15,215

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 Kingston Road, Toronto, located at the highly visible intersection of Victoria Park & Kingston Road in the Beaches. The property features 1,383 SF of prime ground floor retail and two residential units - one-bedroom unit at 884 sq. ft. and a two-bedroom unit at 1,474 sq. ft., for a total building area of 3,741 sq ft., offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well-maintained by the Vendor, the building provides a turnkey investment opportunity. Includes on surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighbourhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retails along Kingston Road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's long-term value and desirability. Offered below replacement cost, 1048 Kingston Road represents a rare opportunity for investors seeking a core Toronto mixed-use asset in one of the city's most vibrant east-end communities.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 18.59

Lot Depth 99.92

Others

Security Features No

ParcelsYN No

Listed by COLLIERS
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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1048 Kingston RD

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