Toronto C01, ON M5T 2K1,58-60 Kensington AVE
Toronto C01, ON M5T 2K1,58-60 Kensington AVE
Toronto C01, ON M5T 2K1,58-60 Kensington AVE
Toronto C01, ON M5T 2K1,58-60 Kensington AVE
Toronto C01, ON M5T 2K1,58-60 Kensington AVE
Toronto C01, ON M5T 2K1,58-60 Kensington AVE
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$ 8,800,000
Est. payment | /mo

18,165 SqFt


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$ 8,800,000
Est. payment | /mo
Save

18,165 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

Lot Frontage 46.0

Lot Depth 100.0

Others

Security Features Yes

ParcelsYN No

Listed by LENNARD COMMERCIAL REALTY
Mahesh Khatri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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58-60 Kensington AVE