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SaleCommercial Retail

4656 Kingston Road

Toronto E10, ON M1E 2P9

Price

$4,888,000

Building Size

21,441.69 sq ft

MLS# E13418194 | Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Business Details

Business Type

Automotive Related

Property Use

Highway Commercial

Commercial Space & Financials

Retail Area

1,000 sq ft

Taxes (Annual)

$25,099

Industrial Specifications

Lot Size

196' × 109'

Structure

Freestanding

Property Description

Rare Kingston Road Investment / Development / Land Banking Opportunity In Scarborough's West Hill Community. Approx. **21,441.69 Sq. Ft. / 0.492 Acres** With **196 Ft Frontage** On Prime Kingston Rd. Property Benefits From **Commercial Residential (CR) Zoning**, Mixed Use Land Use Designation, And Kingston Road Avenue Revitalization Context. Existing Long-Standing Auto Dealership Use With Grandfathered Used Car Sales Lot Characteristics, Offering Rare Appeal For Automotive Operators, Owner-Users, Developers, Land Bankers, And Investors. Site Includes Sales/Service Structure, Former Car Wash Structure, And Large Paved Display/Storage Area. Clean Phase I And Phase II ESA Reports Available. Excellent Location Near U Of T Scarborough, Centennial College Morningside Campus, Guildwood GO, Hwy 401, Major Retail, Parks, And Established Residential Communities. Nearby Kingston Rd Developments Demonstrate The Corridor's Ongoing Intensification, Including 4569 Kingston Rd And 4630 Kingston Rd. Potential Future Mixed-Use, Condo, Rental, Or Commercial/Residential Redevelopment To Be Verified By Buyer And Subject To City Approval, Zoning, Site Plan Approval, And Building Permits. Seller Leaseback Option Available For Buyers Seeking Interim Holding Income While Exploring Future Development.

Price & Status History

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Location

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4656 Kingston Road, Toronto E10 M1E 2P9

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Listing Courtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.