1048 Kingston Road
Toronto E02, ON
- 3,741 sqft
- Commercial Retail
- 232 days on market
Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 Kingston Road, Toronto, located at the highly visible intersection of Victoria Park & Kingston Road in the Beaches. The property features 1,383 SF of prime ground floor retail and two residential units - one-bedroom unit at 884 sq. ft. and a two-bedroom unit at 1,474 sq. ft., for a total building area of 3,741 sq ft., offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well-maintained by the Vendor, the building provides a turnkey investment opportunity. Includes on surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighbourhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retails along Kingston Road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's long-term value and desirability. Offered below replacement cost, 1048 Kingston Road represents a rare opportunity for investors seeking a core Toronto mixed-use asset in one of the city's most vibrant east-end communities.
Listing Details
- Taxes (2025)
- $15,216
- Listed
- January 12, 2026
Price History
Listing history
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Property
- Lot Size
- 18.59 x 99.92 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Kingston Road & Victoria Park Ave
- Zoning
- cr2(C1;R1.5*1988)
- Parcel Number
- 210100560
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 2358 Sq Ft
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M4E
- Population
- 25,473
- Private dwellings
- 11,581
- Median age
- 42.8
- Average household size
- 2.3
- Median household income
- $112,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E02 · last 12 months
- Median sold price
- $1,201,000
- Homes sold
- 533
- Median days on market
- 10
- Sale-to-list price
- 104.9%
Based on 533 recorded sales of commercial properties in Toronto E02 over the last 12 months.
Listed by
COLLIERS
Commercial figures
- Building area
- 3,741 sq ft
- Price per sq ft
- $721.73
- Annual property tax
- $15,216
- Tax per sq ft
- $4.07
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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