$8,295,000

For Sale
 
MLS® No:
E8248684
Intersection:
Galloway
Community:
West Hill
Address:
4280-4288 Kingston Rd, Toronto, Ontario, M1E 2M8
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo
  • E8248684 photo

Features

Property Type:
Investment
Land Size:
202.53 X 119.12Feet
Approximate Square Footage:
11432Sq Ft
Possession:
TBA
Annual Property Taxes (estimate):
$48,169.94 / 2023 Tax Year Annual
Basement:
N
Garage Type:
Plaza
Heat Type:
Gas Forced Air Closd
Outside Storage:
N
Central AC:
Part
Zoning:
Commercial
Income producing Retail Plaza with annual projected 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.
Listing Contracted With: Sutton Group - Admiral Realty Inc.,Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Mike BonakdarSales RepresentativeDirect: 647-880-4057Bus: 416-500-5888