REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
Active
964 Kingston RD Toronto E02, ON M4E 1S7
UPDATED:
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 E13209112
Annual Tax Amount $13,218
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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!
Location
Province ON
County Toronto
Community Toronto E02
Area Toronto
Zoning CR 2.0 (cl.0 ; r1.5) ss2 (x1988)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 18.37
Lot Depth 95.08
Others
Security Features No
ParcelsYN No
Virtual Tour https://youriguide.com/964_kingston_rd_toronto_on/
Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.