12 Old Kingston Road, Toronto E10, ON M1E 3J5

  • $15,000,000
12 Old Kingston Road, Toronto E10, ON M1E 3J5
Active
12 Old Kingston Road, Toronto E10, ON M1E 3J5
12 Old Kingston Road, Toronto E10, ON M1E 3J5
  • $15,000,000

Overview

Property ID: HZE12942218
  • Commercial Retail, Commercial Sale
  • Property Type
  • 2
  • Bathrooms
  • 0.82
  • Sqft

Description

Excellent Kingston Rd Exposure-Mixed-Use Cash Flow Asset with Mid-Rise Redevelopment Potential Executive Summary A rare opportunity to acquire a high-yielding, mixed-use property situated along the Kingston Road Corridor-a designated “Avenue” for intensification by the City of Toronto. This “covered land play” features stable commercial and residential income ($200,000+ Gross Annual) with lease expiries strategically aligned for a 2027 redevelopment window.Total Commercial GFA: ~8,675 sq. ft. Residential Component: Detached House (Currently Leased) Current Gross Income: ~$202,800 per annum Zoning: Commercial / Residential (Mixed-Use) Financing: Vendor Take-Back (VTB) interest possible for qualified purchasers.Investment Highlights1. Immediate & Stable Cash Flow The property is anchored by a flagship showroom and warehouse tenant with a lease through March 2027. The tenant covers all interior maintenance and utilities, significantly reducing landlord “leakage.” An additional residential unit provides diversified monthly income ($2,900/mo).2. Significant Redevelopment Upside Located within the Kingston Road “Avenue” framework, the site is a prime candidate for mid-rise densification. Recent precedents in the immediate area include successful applications for 10-12 storey mixed-use buildings. The site is perfectly positioned to capture the demand for “Missing Middle” housing and transit-oriented development.3. Operational Excellence & Low Cap Ex The asset has been meticulously maintained by the current owner-operator, who runs a professional HVAC company. All mechanical systems are in good operating condition, minimizing immediate capital expenditure requirements for the incoming investor. ***By Appointment Only***

  • Address 12 Old Kingston Road
  • City Toronto E10
  • State/county ON
  • Zip/Postal Code M1E 3J5
  • Country CA

Details

Updated on April 1, 2026 at 3:24 am
  • Property ID: HZE12942218
  • Price: $15,000,000
  • Property Size: 0.82 Sqft
  • Bathrooms: 2
  • Garage Size: x x
  • Property Type: Commercial Retail, Commercial Sale
  • Property Status: Active
  • MLS#: E12942218

Additional details

  • Utilities: Yes
  • Sewer: Sanitary+Storm
  • Cooling: No
  • County: Toronto
  • Property Type: Commercial Sale
  • Community Features: Public Transit

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