58-60 Kensington AVE new

Toronto C01,ON M5T 2K1

$ 8800000

- Bed

- Bath

18165 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 18,165 sqft

Price per Sqft $484

Subdivision Kensington-Chinatown

MLS Listing ID C12485295

Annual Tax Amount $50,000

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

First time offered in a generation! 3-storey, 46' frontage in Kensington Market, with an almost 6% going-in Cap Rate and further immediate value-add opportunity. 9 oversized, 2+ bedroom apartments, some have S/S Appliances + Laundry, and a couple well known commercial tenants including a Michelin Recommended restaurant. It is an amazing mixed-use building, ready for the next generation of ownership.

Location

Province ON

County Toronto

Community Kensington-Chinatown

Area Toronto

Zoning CR2.0

Interior

Cooling No

Exterior

Utilities Available Yes

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