1/116462 KINGSTON ROAD, Toronto (Highland Creek)
6462 KINGSTON ROAD, Toronto (Highland Creek), ON M1C1L4
$2.3M total
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
85%
About this property
Automotive Opportunity! Building & Land With Established Automotive Business. Auto-zoned property in a high-visibility location on Kingston Road in Scarborough's Highland Creek area. Excellent exposure and convenient access to Highway 401, making this an ideal location for an automotive operator looking to serve customers throughout Scarborough and the eastern GTA. The property is situated within an established automotive corridor, with multiple automotive businesses operating along Kingston Road and the surrounding area. Currently operating as an established full-service auto repair garage, with potential for a car sales operation. The property offers excellent accessibility, visibility and functionality for a variety of automotive uses. Long-term development potential provides additional upside for investors and owner-operators. An exceptional opportunity to acquire automotive-zoned land and building in an established and highly accessible Scarborough location. Please do not go direct. Don't contact owner or staff. Low risk phase 1 environmental, floorplan, survey and brochure available. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$119K
Annual cash flow
$-8K
Cash-on-cash
-1.22%
DSCR
0.93
Going-in cap
5.17%
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
105,418
Households
42,775
Median income
$63,500
Median age
42.2
Daytime population
136,731
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6462 KINGSTON ROAD, Toronto (Highland Creek).
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.