East End-Danforth · E02 · M4E 1T4
$2,600,000
$695 / sq ft1 months on market
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Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 Kingston Road, Toronto, located at the highly visible intersection of Victoria Park & Kingston Road in the Beaches. The property features 1,383 SF of prime ground floor retail and two residential units - one-bedroom unit at 884 SF and a two-bedroom unit at 1,474 SF, for a total building area of 3,741 SF, offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well maintained by the Vendor, the building provides a turnkey investment opportunity. Includes one surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighborhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retailers along Kingston Road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's longterm value and desirability. Offered below replacement cost, 1048 Kingston Road represents a rare opportunity for investors seeking a core Toronto mixed-use asset in one of the city's most vibrant east-end communities.
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This home is priced above most comparable listings — about 79% of comparable retail listings in Toronto are asking less.
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,600,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLLIERS. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.