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For saleMLS® E13585282

1048 Kingston Road, Toronto, ON M4E 1T4

East End-Danforth · E02 · M4E 1T4

$2,600,000

$695 / sq ft

3 months on market

Total area
3,741 sf
Lot
18.59 × 99.92 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
retail
Interior size
3,741 sq ft
Lot size
18.59 × 99.92 ft
Zoning
CR2 (c1;r1.5*1988)
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$2,600,000
Property taxes
$15,216 / year (2025)
Price per sq ft
$695

Listing

MLS® number
E13585282
Status
For sale
Listed
July 20, 2026
Days on market
107
Last updated
July 21, 2026
Listing brokerage
COLLIERS

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 77% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$695 / sq ft
Comparable median
$665 / sq ft

Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $520,000
$520,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,500.68
Property tax (est.)
$1,267.99
Estimated monthly
$12,769

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$51,475
Toronto municipal
$51,475
Total due on closing
$102,950

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.

$2,600,000

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Nearby sold prices are hidden

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