$8,888,888
FOR SALE

Investment

Lot: 202.53 x 119.12 ftTotal Area: 11,432 ft2
2023 Taxes: $48,169.94

4280-4288 Kingston Rd
Toronto, ON M1E 2M8 | West Hill

Income producing Retail Plaza with annual NOI of $460k based on current monthly base rents. NOI for 2025 projected to increase by 5% based on lease escalations. Application for Redevelopment submitted for 9-storey mixed-use building with 148 residential units and GFA of 109,189 square feet including 4,639 square feet of commercial use. Assembly Opportunity possible with adjacent properties. Recent improvements to property include increased lighting, new sign boxes above each unit, and update to building facade. High traffic along 6-lane Kingston Rd. Highly visibility to passing traffic. Public transit and close Proximity To Guildwood & Eglinton Go Stations. Floor plans and survey attached. Rent roll available with signing of Non-Disclosure Agreement. Please do not disturb tenants.
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Listed By SUTTON GROUP-ADMIRAL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8248684
Last Updated Apr 29, 2024
Property Summary
Property Type Investment

More like this:
Category Retail
PIN 063810022
Legal Description PCL 4-3, SEC M596 ; LT 4, PL M596 , EXCEPT PT 1, 66R5586 ; SCARBOROUGH, CITY OF TORONTO
Occupancy Tenant
Possession Date TBA
Taxes (2023) $48,169.94
Tax Type Annual
Directions/Cross Streets Galloway
Neighbourhood West Hill
Area Toronto
Price History

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Detailed Information
Freestanding Y
Lot 202.53 x 119.12 ft
Lot Irregularities E: 166.67 Ft, Rear: 203.71 Ft
Retail Area 11,432 ft2
Total Area 11,432 ft2
Air Conditioning Part
Basement N
Garage Type Plaza
Heat Type Gas Forced Air Closd
Outside Storage N
Area Influences Public Transit
Utilities Y
Water Municipal
Survey Y
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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