4280-4288 Kingston Rd, Toronto

Description

Income producing Retail Plaza with annual projected NOI of $460k 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.