4280* Kingston Rd, Toronto, Ontario M1E 2M8

  • $8,295,000
4280* Kingston Rd, Toronto, Ontario M1E 2M8
Active
4280* Kingston Rd, Toronto, Ontario M1E 2M8
  • $8,295,000

Overview

Property ID: E8248684
  • Commercial Sale, Business
  • Property Type
  • 11432
  • Sqft

Description

Income producing Retail Plaza with annual projected NOI of $473k 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. *Address is 4280-4288 Kingston Rd

  • Address 4280* Kingston Rd
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M1E 2M8
  • Area West Hill

Details

Updated on June 21, 2024 at 9:13 pm
  • Property ID: E8248684
  • Price: $8,295,000
  • Property Size: 11432 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: E8248684

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