









1/11B6 - 3101 KENNEDY ROAD, Toronto (Milliken), ON M1V4Y1
$1.0M total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
96%
Exceptional opportunity to own a fully improved retail unit in the brand-new Gourmet City commercial plaza. One of the very few completed units within the development, this turnkey space is professionally finished and ready for immediate occupancy, saving buyers significant time and build-out costs. Located at the highly visible intersection of Kennedy Rd & McNicoll Ave, the property benefits from strong vehicular and pedestrian traffic, a dense surrounding residential population, and close proximity to schools, restaurants, shopping amenities, and major transit routes. Excellent exposure, ample visitor traffic, and outstanding growth potential make this an ideal opportunity for both owner-users and investors seeking a presence in one of Scarborough's most vibrant commercial nodes. (id:66811)
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Monthly debt service
$5K
Projected NOI
$64K
Annual cash flow
$6K
Cash-on-cash
1.93%
DSCR
1.10
Going-in cap
6.12%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
86,632
Households
37,083
Median income
$84,500
Median age
41.6
Daytime population
128,039
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for B6 - 3101 KENNEDY ROAD, Toronto (Milliken).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.