12 Old Kingston Road
West Hill
Toronto
M1E 3J5
$15,000,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E12942218
- Photos (4)
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Excellent Kingston Rd Exposure-Mixed-Use Cash Flow Asset with Mid-Rise Redevelopment PotentialExecutive SummaryA rare opportunity to acquire a high-yielding, mixed-use property situated along the Kingston Road Corridor-a designated "Avenue" for intensification by the City of Toronto. This "covered land play" features stable commercial and residential income ($200,000+ Gross Annual) with lease expiries strategically aligned for a 2027 redevelopment window.Total Commercial GFA: ~8,675 sq. ft. Residential Component: Detached House (Currently Leased) Current Gross Income: ~$202,800 per annum Zoning: Commercial / Residential (Mixed-Use) Financing: Vendor Take-Back (VTB) interest possible for qualified purchasers.Investment Highlights1. Immediate & Stable Cash FlowThe property is anchored by a flagship showroom and warehouse tenant with a lease through March 2027. The tenant covers all interior maintenance and utilities, significantly reducing landlord "leakage." An additional residential unit provides diversified monthly income ($2,900/mo).2. Significant Redevelopment UpsideLocated within the Kingston Road "Avenue" framework, the site is a prime candidate for mid-rise densification. Recent precedents in the immediate area include successful applications for 10-12 storey mixed-use buildings. The site is perfectly positioned to capture the demand for "Missing Middle" housing and transit-oriented development.3. Operational Excellence & Low CapExThe asset has been meticulously maintained by the current owner-operator, who runs a professional HVAC company. All mechanical systems are in good operating condition, minimizing immediate capital expenditure requirements for the incoming investor. ***By Appointment Only***
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Approx. Age:
- 31-50
- Total Area:
- 35719 sq. ft. Acres
- Total Area:
- 35,719.2 sq. ft.3,318 m2
- Retail Area:
- 100 sq. ft. %
- Lot Depth:
- 351'107 m
- Lot Frontage:
- 101'3"30.9 m
- Lot Details:
- 101.25 x 351.00 Feet
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Rooms:
- 0
- Zoning:
- Hc
- Heating type:
- Gas Forced Air Open
- Cooling:
- No
- Garage:
- Outside/Surface
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- In Addition To
- Development Charges Paid:
- No
- Type Taxes:
- Annual
- Taxes:
- $32,869.82 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto E10
- West Hill
- Public Transit
- Partial
- No
- UFFI:
- No
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Category:
- Highway Commercial
- Outside Storage:
- Yes
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Listed by HOMELIFE NEW WORLD REALTY INC.
Data was last updated April 1, 2026 at 04:15 AM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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