4656 Kingston Road

Toronto E10, ON

21,441 sqft • Commercial Retail • 187 days on market

$4,999,000

** 21,330 Sq. Ft. Of Land In Close Proximity To University Of Toronto Scarborough And Centennial College-Morningside Campus****Property Has A Mixed Use Land Use Designated And The Kingston Road Avenue Study Encourages Development Revitalization Up To A Maximum Of 12 Storey Condo Development or Rental Buildings** **Short Commute To Guildwood Go Station Which Connects Transit Riders To Union Station****City of Scarborough has Designated Kingston Rd for High Density, 10 to 12 Storey condo development****Seller will Sell and Lease Back the Property at market rates, from the Buyers so that Buyers can proceed with Zoning, Site Plan Approval process with City of Scarborough** Please discuss Lease Rates with Listing Realtor** Current Zoning CR-603 allows Maximum 8 Storey Building. CR-604 clearly states Section 6 Coverage shall not apply, meaning, Buyer can get exception from city to build upto 11 to 12 storey Building.**Key High-Rise Projects Around Kingston Road, Scarborough: These are just examples, to show how the Kingston Rd is being developed as High Density Area. It will be the responsibility of the Buyer to obtain City Zoning approvals, site plan approvals and building permits to build a 11 Storey Building on this site.*****4569 Kingston Rd., East Pointe Condos (next to KalTire)- 11 Storey Building nearly completed. ***4630 Kingston Rd., Everston.ca Condos, 13 Storeys with 417 Units Under Construction (Manse Rd & Kingston Rd).The subject property is listed for $1, the price stated is for information only, please discuss price and other details with LA. Clean Phase 1 and 2 ESA Reports are available. Seller Lease Back option available for potential buyers if they are interested.

Listing Details

Taxes (2025): $25,099
Originally Listed: $1
Listed: February 23, 2026

Price History

Listing history

Property

Age: 31-50
Lot Size: 196.02 x 108.99 Feet

Utilities

Sewer: Sanitary+Storm Available

Location & Legal

Cross Street: Kingston Rd & Morningside Ave
Zoning: Commercial Residential - (CR 600-601-602-603-604)
Parcel Number: 064880050
Possession: 90+ days

Commercial

Occupancy: Owner
Office / Apartment Area: 1000 Sq Ft

Community

Postal area M1E

Population: 48,033
Private dwellings: 18,085
Median age: 41.2
Average household size: 2.8
Median household income: $82,000

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 E10 · last 12 months

Median sold price: $900,000
Homes sold: 425
Median days on market: 19
Sale-to-list price: 98.9%

Based on 425 recorded sales of commercial properties in Toronto E10 over the last 12 months.

Listed by

CENTURY 21 LEADING EDGE REALTY INC.

Location

Street View

Commercial figures

Building area: 21,441 sq ft
Price per sq ft: $233.15
Annual property tax: $25,099
Tax per sq ft: $1.17

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?