$6,900,000
Status: For Sale
Welcome to a rare and exceptional investment opportunity in one of Scarborough's most coveted locations. This recently updated, 2-Storey, 9078 sqft commercial plaza sits on a 0.54 acre lot, w/190ft frontage along Kingston Rd, and is strategically positioned near the picturesque Scarborough Bluffs, offering a unique blend of commercial success and potential for a 179,000 sf, 15 stories mid-rise condo development. Boasting a prime location, ample space, and incredible development prospects, this property is a true gem for investors and developers alike. 100% leased, WALT of 3.7 yrs and NOI of ~$220,000, this property provides a steady and diversified rental income stream. With Scarborough experiencing significant growth and revitalization, this property is primed for substantial appreciation in Value. VTB Available
| Property Type | :Commercial |
| MLS Number | :E8218074 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Apr, 2024 (17 Days ago) |
| Area | :Toronto |
| Community | : Cliffcrest |
| Postal Code | : M1M 1P4 |
| Source | :TRREB |
| Price | :$6,900,000 |
| Property Taxes | :$37516.14 |
| Tax Year | :2023 |
| Cross Street | :Kingston Rd/Rockwood Dr |
| Fireplace/Stove | :No |
09 Apr, 2024
TREB #E8218074
Available
$6900000.0
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3148 Kingston Rd is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 3148 Kingston Rd with a highly strategic location at the M1M 1P4 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
3148 Kingston Rd offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the E8218074 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 37516.14 and an attractive 6,900,000 while getting several vibrant Cliffcrest benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and M1M 1P4. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Outside/Surface for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Kingston Rd/Rockwood Dr. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $34,500 available on the 6,900,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $34,500 and other attractive incentives for buying this Commercial in Ontario and at M1M 1P4. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This E8218074 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 3148 Kingston Rd promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at M1M 1P4 and you will find a value addition at 3148 Kingston Rd by all means.
