3148 Kingston Road

Scarborough, ON

Building

Investment Highlights

  • Potential to build up to 179,000 sf
  • Favourable Zoning designation
  • Fully leased free standing building
  • Superior access to public transit and nearby amenities
  • Renovated Office and Retail units
  • Minutes to the Scarborough Bluffs and Lake Ontario

Commercial Plaza with Development Potential - For Sale

Unique opportunity to acquire a fully leased plaza with the potential to build 179,000 sf of mixed use in the heart of the Scarborough Bluffs

Details

  • Building Size:
  • Ground Floor (Retail): 4,329 sf
  • 2nd Floor (Office): 4,749 sf
  • Total: 9,078 sf 
  • Address: 3148 – 3154 Kingston Rd Scarborough ON 
  • Site Area: 23,610 Sf (0.54 acre) 
  • Frontage/Depth: 189.47’ / 147.47’
  • Occupancy: 100%
  • WALT: 3.90 years
  • Zoning: Commercial Residential Zone (CR) 
  • Parking Stalls: 27 surface level 
  • 2023 Property Taxes $37,516 
  • Projected NOI ~$220,000





Location Map

Team

Carter Sopik

Carter Sopik

Sales Representative
Avison Young - CA - ON - Greater Toronto
16474068672

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