1 + 2 - 1316-1320 Kingston Road
Toronto E06, ON
- 2,757 sqft
- Investment
- 197 days on market
Fully leased NNN single-tenant investment secured by a long-term Net + Carefree lease to well-established veterinary clinic with longstanding neighborhood operating history. The clinic occupies both retail units / the entire ground floor commercial component of the building. The practice is led by Dr. Nigel Skinner, co-owner/vet with 20+ years of experience in the area. The lease is further supported by a strong personal guarantee extending through the lease/renewal terms. Located at the base of the 8-storey Terrasse at The Hunt Club in Toronto's Upper Beaches, this brand-new corner retail unit features prominent wraparound frontage at Kingston Road and Woodland Park Road, directly across from the Toronto Hunt Club. The property benefits from ongoing neighborhood revitalization, increasing residential density, strong transit access, and an underserved retail market, supporting long-term tenant stability and income security. The lease to state-of-the-art Shoreline Veterinary extends for nearly another 8 years, with a 1x5 option thereafter. Current net rental income is $90,981 / year, escalating 3% per annum as of each Nov 1. Very strong NOI for a going in and future cap rate with a AAA stable & secure tenancy. The offering includes 2 titled parking spots (1 underground & 1 surface level) currently included in the Tenants lease agreement.
Listing Details
- Taxes (2025)
- $29,496
- Listed
- February 18, 2026
Price History
Listing history
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Property
- Age
- 0-5
- Lot Size
- 76.4 x 30 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Kingston Rd & Woodland Park Rd in the Prime Upper Beaches, West of Warden Ave.
- Zoning
- Commercial
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 2 parking: 1 Underground + 1 Surface Level.
- Exclusions
- Any owned by the tenant.
Community
Postal area M1N
- Population
- 22,976
- Private dwellings
- 10,056
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $90,000
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 E06 · last 12 months
- Median sold price
- $894,000
- Homes sold
- 309
- Median days on market
- 14
- Sale-to-list price
- 99.3%
Based on 309 recorded sales of commercial properties in Toronto E06 over the last 12 months.
Listed by
CUSHMAN & WAKEFIELD
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,757 sq ft
- Price per sq ft
- $645.63
- Annual property tax
- $29,496
- Tax per sq ft
- $10.70
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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