1048 Kingston Road

About this home

Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 Kingston Road, Toronto, located at the highly visible intersection of Victoria Park & Kingston Road in the Beaches. The property features 1,383 SF of prime ground floor retail and two residential units - one-bedroom unit at 884 SF and a two-bedroom unit at 1,474 SF, for a total building area of 3,741 SF, offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well maintained by the Vendor, the building provides a turnkey investment opportunity. Includes one surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighborhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retailers along Kingston Road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's longterm value and desirability. Offered below replacement cost, 1048 Kingston Road represents a rare opportunity for investors seeking a core Toronto mixed-use asset in one of the city's most vibrant east-end communities.

Details

Type

Commercial Retail

Lot

18.59 × 99.92 ft

Garage

None

Property tax

$15,216 (2025)

Neighbourhood

East End-Danforth

Municipality

Toronto E02

Heating, cooling and services

Heating

Gas Forced Air Open

Air conditioning

Yes

Water and sewer

Sanitary+Storm

Utilities

Available

Building and exterior

Building area

3,741 Square Feet

More

Possession

Immediate

Cross street

Kingston Road & Victoria Park Avenue

Business type

Retail Store Related