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Type: Investment
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Property Type: Commercial
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Zoning: Commercial
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Age: No Data
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Taxes: 48169.94
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MLS®#: E8248684
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Days on Site: 8 Days
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Added: Apr 18, 2024 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: SUTTON GROUP-ADMIRAL REALTY INC.
Income producing Retail Plaza with annual 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.
Property
Status: Sale
Property Type: Investment
Property Type: Retail
Area: Toronto
Community: West Hill
Availability Date: TBA
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2023
Tax Legal Description: PCL 4-3, SEC M596 ; LT 4, PL M596 , EXCEPT PT 1, 66R5586 ; SCARB
Taxes: $48,170
Taxes Type: Annual
Land
Cross Street: Galloway
Municipality District: Toronto E10
Parcel Number: 063810022
Lot Depth: 119.12 Feet
Lot Frontage: 202.53 Feet
Lot Irregularities: E: 166.67 Ft, Rear: 2
Zoning: Commercial
Commercial Specific
Retail Area: 11432
Retail Area Metric: Sq Ft
Total Area: 11432
Total Area Metric: Sq Ft
Industrial Area Metric: Sq Ft
Office Size Metric: Sq Ft
Area Influence: Public Transit
Lot Code: Lot
Survey: Y
Equinox Holistic Alternative School
Elementary: PublicNorway Junior Public School
Elementary: PublicÉÉC Georges-Étienne-Cartier
Elementary: CatholicKew Beach Junior Public School
Elementary: PublicDuke of Connaught Junior and Senior Public School
Elementary: PublicBowmore Road Junior and Senior Public School
Elementary: PublicSchool of Life Experience
Secondary: PublicGreenwood Secondary School
Secondary: PublicNotre Dame Catholic High School
Secondary: CatholicSt Patrick Catholic Secondary School
Secondary: CatholicMonarch Park Collegiate Institute
Secondary: PublicMalvern Collegiate Institute
Secondary: Public
