130 Kingston Road, Toronto (Woodbine Corridor) - Business for Sale
130 Kingston Road, Toronto (Woodbine Corridor), Ontario, M4L1S7
This business in Toronto is for sale offering roughly 3,000 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 57 days.
Description
Freestanding mix-used property in the prime location on Kingston Road in Toronto, just minutes from the Woodbine Beaches neighborhood. Easy access to downtown Toronto, major highways, and the waterfront. Well-maintained income property with established 1 commercial and 4 residential tenants. Strong rental income with additional upside potential through future lease renewals and rental growth. Excellent investment opportunity offering stable cash flow and long-term capital appreciation. Future Town home development potential, subject to municipal approval. Ideal for both private investors and institutional purchasers. (id:66096)
Property Details
- MLS®
- E13794802
- Property Type
- Business
- Zoning
- R(d1*435)
- Parking
- 6
- Interior Size
- 3,000 ft²
- Lot Size
- 35 × 126 ft (4,452 sq ft)
- Frontage
- 35 ft
- Heating
- Radiator
- Cooling
- Partially air conditioned
- Property Tax
- $21,801/yr
- Listed
- 49 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 49 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Woodbine Corridor) has been listed for 49 days, which is 8 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4L)
This home lists at $2,100,000, about 20.8× the local median household income of $101,000.
Carrying it typically needs a household income of about $410,204 (20% down, 25-yr amortization, stress-tested) — roughly 306% above the area median.
- Median household income
- $101,000
- Population
- 32,218
- Median age
- 40.8
- Owner / renter
- 61% / 39%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M4L)
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$2,100,000
Toronto