Business For Sale · Retail

4418 KINGSTON ROAD, Toronto (West Hill)

4418 KINGSTON ROAD, Toronto (West Hill), ON M1E2N4

$3.7M total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

93%

Lot Size

0.78 ac

About this property

A rare opportunity to acquire a corner freestanding 3-bay automotive property with 4 gas pumps. Zoned CR (Commercial Residential), the site offers flexibility for continued automotive and gas station use today, with strong future mid-rise redevelopment. The property is currently leased to an automotive repair business on a month-to month basis, allowing for vacant possession, making this an ideal opportunity for both end-users and investors. The lot boasts 192 ft. of frontage on Kingston Rd and measures approx. 0.78 acres. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.70M
Down payment30% · $1.11M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$17K

Projected NOI

$239K

Annual cash flow

$34K

Cash-on-cash

3.10%

DSCR

1.17

Going-in cap

6.47%

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.

Area demographics

Trade area within 3 miles of the property.

Population

141,706

Households

65,682

Median income

$92,000

Median age

44.6

Daytime population

211,712

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4418 KINGSTON ROAD, Toronto (West Hill).

NDA required
  • 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.