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565 Kennedy Road

565 Kennedy Road

Toronto E04, ON

  • 7,820 sqft
  • Investment
  • 185 days on market
$4,500,000

Well-maintained 9-unit apartment building offering stable in-place income withmeaningful upside. Six units are currently tenanted, providing immediate cash flow,while three vacant units allow a purchaser to lease at market rents and significantlyenhance revenue. Several units have been recently renovated, creating an opportunityto further elevate rents through continued turnover and modernization. Additionalvalue in the lands mid-rise development capabilities allowing up to 10-storeys and127 condominium units.

Listing Details

Taxes (2025)
$6,268
Listed
March 2, 2026

Price History

Listing history

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Property

Lot Size
137.8 x 124.67 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Kennedy Road & Summer Drive
Zoning
Residential Multiple with Exception 169
Possession
Other
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Community

Postal area M1K

Population
48,175
Private dwellings
18,687
Median age
40.4
Average household size
2.7
Median household income
$72,500

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 E04 · last 12 months

Median sold price
$811,000
Homes sold
641
Median days on market
20
Sale-to-list price
99.2%

Based on 641 recorded sales of commercial properties in Toronto E04 over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
7,820 sq ft
Price per sq ft
$575.45
Annual property tax
$6,268
Tax per sq ft
$0.80

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

R

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