1/44418 KINGSTON ROAD, Toronto (West Hill)
4418 KINGSTON ROAD, Toronto (West Hill), ON M1E2N4
$3.7M total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
96%
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.
Monthly debt service
$17K
Projected NOI
$183K
Annual cash flow
$-22K
Cash-on-cash
-1.96%
DSCR
0.89
Going-in cap
4.95%
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
56,415
Households
24,934
Median income
$81,500
Median age
43.3
Daytime population
49,812
5-yr growth
2.5%
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).
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.