76 Kingston Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Woodbine Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 60 x 138 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
Highly visible corner property in Toronto's east end, featuring an approx. 1,817 sq. ft. freestanding building with three service bays and exceptional exposure along Kingston Rd and Orchard Park Blvd. Currently leased to an automotive user, the property provides in-place income while offering significant future repositioning and redevelopment potential.The site is zoned CR 2.0 (c0.5; r2.0) SS2 (x1579), permitting a broad range of commercial, residential, mixed-use, service, and automotive-related uses, subject to purchaser verification. The property also benefits from an advanced entitlement-stage boutique residential development concept for a proposed 56-suite mid-rise building totaling approximately 42,236 sq. ft. of gross floor area.Situated within an established east-end Toronto neighbourhood, the offering presents a rare opportunity to acquire a prominent corner site with both near-term cash flow and long-term development upside.Property being sold on an "as-is, where-is" basis. Purchasers are responsible for verifying all measurements, zoning, permitted uses, approvals, lease information, income, and development potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 76 Kingston Road, Toronto E02, ON M4L 1S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $4,500,000 in Toronto, the legal minimum down payment is $900,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $98,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $98,975 also applies, bringing the total estimated land transfer taxes to $197,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
