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Unit N/A at 12 Kingston

For Sale

12 Old Kingston Road, Toronto E10, ON M1E 3J5

MLS #E12942218

$11,900,000

Listed Price

About This Property

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 Details

Bathrooms

2

Property Type

Commercial

ParkingNo
Parking TypeNone
LockerNo
Heating TypeGas Forced Air Open
Ensuite LaundryNo
MLS Size-
Listed OnMar 30, 2026
Property Tax$32,870/year
OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name12 Kingston
Address12 Kingston Road, Toronto E02
Parking Type

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About Unit N/A at 12 Kingston

Unit N/A is a commercial, 2 bathrooms located at 12 Kingston, 12 Kingston Road, Toronto E02. This unit is currently for sale at $11900K.

About 12 Kingston

12 Kingston is located at 12 Kingston Road, Toronto E02. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Woodbine Corridor Neighbourhood

This unit is located in Woodbine Corridor, part of Toronto E02 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 12 Kingston, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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