






1/8A11 /UNIT 10 - 3101 KENNEDY ROAD, Toronto (Milliken), ON M1V4Y1
Price on request
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
96%
Premium Retail Unit For Lease at Gourmet City! Exceptional leasing opportunity in Scarborough's newest commercial destination. This brand-new retail unit features 20-ft high ceilings, modern architecture, premium construction, and a flexible open-concept layout ready for your custom build-out. Ideally located in one of the best positions within the plaza, offering outstanding exposure directly onto Kennedy Rd with convenient access from both Kennedy Rd and Milliken Blvd. Permitted uses include bakery, cafe, dessert shop, bubble tea shop, fast-food/take-out, cafeteria, hair salon, nail salon, boutique retail, professional office, and more (tenant to verify permitted uses). Situated in a high-density residential and commercial area with excellent visibility, strong pedestrian and vehicle traffic, and just minutes to Hwy 404 & Hwy 407. An outstanding opportunity to establish or expand your business in one of Scarborough's newest and fastest-growing commercial hubs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
Cash-on-cash
0.17%
DSCR
1.01
Going-in cap
5.59%
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
106,040
Households
38,816
Median income
$85,000
Median age
41.7
Daytime population
168,961
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for A11 /UNIT 10 - 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.