4656 Kingston Road, Toronto, Ontario M1E 2P9

Listed for:

$4,888,000

0 beds

0 baths

Listed 23 days ago

4656 Kingston Road, Toronto, Ontario M1E 2P9

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About

Kingston Rd & Morningside Ave Rare Kingston Road Investment / Development / Land Banking Opportunity In Scarborough's West Hill Community. Approx. **21,441.69 Sq. Ft. / 0.492 Acres** With **196 Ft Frontage** On Prime Kingston Rd. Property Benefits From **Commercial Residential (CR) Zoning**, Mixed Use Land Use Designation, And Kingston Road Avenue Revitalization Context. Existing Long-Standing Auto Dealership Use With Grandfathered Used Car Sales Lot Characteristics, Offering Rare Appeal For Automotive Operators, Owner-Users, Developers, Land Bankers, And Investors. Site Includes Sales/Service Structure, Former Car Wash Structure, And Large Paved Display/Storage Area. Clean Phase I And Phase II ESA Reports Available. Excellent Location Near U Of T Scarborough, Centennial College Morningside Campus, Guildwood GO, Hwy 401, Major Retail, Parks, And Established Residential Communities. Nearby Kingston Rd Developments Demonstrate The Corridor's Ongoing Intensification, Including 4569 Kingston Rd And 4630 Kingston Rd. Potential Future Mixed-Use, Condo, Rental, Or Commercial/Residential Redevelopment To Be Verified By Buyer And Subject To City Approval, Zoning, Site Plan Approval, And Building Permits. Seller Leaseback Option Available For Buyers Seeking Interim Holding Income While Exploring Future Development. (id:27476)

Property Highlights

MLS® Number

E13418194

Type

Retail

Community Name

West Hill

Land Size

196 x 109 FT ; 96.02ftx 109.17ftx 197.33ftx108.99ft

Building

Square Footage

21442 sqft

Fireplace Present

Basement Type

Basement Features

Building Heating Type

Other

Heating Fuel

Building Cooling Type

Fully air conditioned

Utilities

Water

Municipal water

Location

Learn more about this property

Listing provided by:

RE/MAX HALLMARK FIRST GROUP REALTY LTD.

MLS® number:

E13418194

Agent:

Marena Shokri

Phone:

(416) 220-9999

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