12 Old Kingston Road
West Hill Toronto M1E 3J5

$15,000,000 /For Sale
Commercial

Main Photo: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 1: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 2: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 3: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 4: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12942218
Excellent Kingston Rd Exposure-Mixed-Use Cash Flow Asset with Mid-Rise Redevelopment PotentialExecutive SummaryA rare opportunity to acquire a high-yielding, mixed-use property situated along the Kingston Road Corridor-a designated "Avenue" for intensification by the City of Toronto. This "covered land play" features stable commercial and residential income ($200,000+ Gross Annual) with lease expiries strategically aligned for a 2027 redevelopment window.Total Commercial GFA: ~8,675 sq. ft. Residential Component: Detached House (Currently Leased) Current Gross Income: ~$202,800 per annum Zoning: Commercial / Residential (Mixed-Use) Financing: Vendor Take-Back (VTB) interest possible for qualified purchasers.Investment Highlights1. Immediate & Stable Cash FlowThe property is anchored by a flagship showroom and warehouse tenant with a lease through March 2027. The tenant covers all interior maintenance and utilities, significantly reducing landlord "leakage." An additional residential unit provides diversified monthly income ($2,900/mo).2. Significant Redevelopment UpsideLocated within the Kingston Road "Avenue" framework, the site is a prime candidate for mid-rise densification. Recent precedents in the immediate area include successful applications for 10-12 storey mixed-use buildings. The site is perfectly positioned to capture the demand for "Missing Middle" housing and transit-oriented development.3. Operational Excellence & Low CapExThe asset has been meticulously maintained by the current owner-operator, who runs a professional HVAC company. All mechanical systems are in good operating condition, minimizing immediate capital expenditure requirements for the incoming investor. ***By Appointment Only***
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
35719 sq. ft. Acres
Total Area:
35,719.2 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
351'
Lot Frontage:
101'3"
Lot Details:
101.25 x 351.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Hc
Heating type:
Gas Forced Air Open
Cooling:
No
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$32,869.82 / 2025
Assessment:
$- / -
Toronto
Toronto E10
West Hill
Public Transit
Partial
No
UFFI:
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Highway Commercial
Outside Storage:
Yes
Date Listed:
Apr 01, 2026
  • Photo 1: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 1 of 4
  • Photo 2: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 2 of 4
  • Photo 3: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 3 of 4
  • Photo 4: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
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Listed by HOMELIFE NEW WORLD REALTY INC.
Data was last updated April 1, 2026 at 04:15 AM (UTC)
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