Investment & Re-Development Opportunity
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FOR SALE 4626 KINGSTON ROAD, TORONTO Investment & Re-Development Opportunity PRIVATE CAPITAL INVESTMENT GROUP FOR SALE 4626 KINGSTON ROAD, TORONTO Walking Times Investment & Re-Development Opportunity to Food Basics, Shoppers Drug Mart, LCBO, Starbucks, TD and 11 minutes PROPERTY PROFILE CIBC located at the corner of Kingston Rd and Morningside Ave BLUFFERS Total Land Area 36,152.8 SF PARK & BEACH Official Plan Mixed-Use Drive Times Zoning Former General Zoning By-law 10327 (Scarborough) 6 minutes to Guildwood GO Station Total Frontage 158’ 8 minutes to Scarborough Health Network Depth 229’ KINGSTON ROAD Located just south of Scarborough MARKET COMPARABLES University of Toronto Campus Size Price Price Per Zoned | Land Date Address Municipality Price (Acres) Per Acre Buildable SF Unzoned Use 8/26/2019 3310-3312 Kingston Rd Scarborough $6,750,000 1.293 $5,220,418 -- Unzoned Medium Density 8/15/2019 4694 Kingston Rd Scarborough $5,790,000 1.107 $5,230,352 -- Unzoned Medum Density 4/26/2019 4208 & 4212 Kingston Rd Scarborough $8,600,000 0.518 $16,602,317 $72 Zoned Medium Density 3/29/2019 3357 Kingston Rd Scarborough $1,400,000 0.3 $4,666,667 -- Unzoned High Density 3/20/2019 2203 Kingston Rd Scarborough $1,550,000 0.157 $9,872,611 $43 Unzoned High Density 2/6/2019 3355 Kingston Rd Scarborough $5,000,000 0.7 $7,142,857 -- Unzoned High Density 12/14/2018 4151 Kingston Rd Scarborough $3,350,000 0.502 $6,673,307 -- Unzoned High Density KINGSTON ROAD 12/12/2018 3359 Kingston Rd Scarborough #1,580,000 0.274 $5,766,423 -- Unzoned High Density 4/27/2018 7437 Kingston Rd Scarborough $6,500,000 3.126 $2,079,335 $45 Zoned High Density 1/12/2017 1478 Kingston Rd Scarborough $5,088,000 0.544 $9,532,941 $36 Unzoned High Density For Sale 3418 Kingston Rd Scarborough $3,950,000 0.9412 $4,196,770 -- Unzoned High Density For Sale 2733 Kingston Rd Scarborough $7,000,00 0.49 $14,285,714 -- Unzoned High Density SUBJECT PROPERTY KINGSTON ROAD SUBJECT PROPERTY FOR SALE 4626 KINGSTON ROAD, TORONTO THE OFFERING Colliers International is pleased to offer for sale the property at 4626 Kingston Road (the “Property”) in the City of Toronto, situated on the north side of Kingston Road, just east of Morningside Avenue. The Property is currently being used as a motel. ASKING SALE PRICE $7,000,000 INVESTMENT SALES ADVISORS JEREMIAH SHAMESS* MYLES KENNY Vice President Senior Sales Representative 181 Bay Street, Suite 1400, Private Capital Investment Group Private Capital Investment Group Toronto, ON, M5J 2V1 www.collierscanada.com P: +1 416 620 2814 P: +1 416 620 2882 [email protected] [email protected] This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2019. All rights reserved. Colliers Macaulay Nicolls Inc.. * Sales Representative.