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Sutton Group-Admiral Realty Inc., Brokerage *

Dennis Klein
Sales Representative
Office Phone: 416-739-7200
Direct: (416) 940-0594
www.condosandhomesgta.com

Sutton Group-Admiral Realty Inc., Brokerage *
Pic_of_house
Status:
For Sale
Property Price:
$8,295,000
Business Type:
Investment
Property Type:
Investment
Cross Street:
Galloway
Heating:
Gas Forced Air Closd
Financial Statement:
No
Freestanding:
Yes
Front Footage:
202
Industrial Area:
0 Sq Ft
Legal Description:
PCL 4-3, SEC M596 ; LT 4, PL M596 , EXCEPT PT 1, 6
Total Size:
11432 Sq Ft
Type Taxes:
Annual
Zoning:
Commercial
Lot Size:
202 X 119 Feet
Garage/Parking Type:
Plaza
Water:
Municipal
Remarks:

Income producing Retail Plaza with annual projected NOI of $473,549 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

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Dennis  Klein, Sales Representative

Sutton Group-Admiral Realty Inc., Brokerage *

Dennis Klein
Sales Representative
Office Phone: 416-739-7200
Direct: (416) 940-0594
www.condosandhomesgta.com

Sutton Group-Admiral Realty Inc., Brokerage *
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