Toronto, ON M5T 2K1,58-60 Kensington AVE
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Toronto, ON M5T 2K1,58-60 Kensington AVE
Toronto, ON M5T 2K1,58-60 Kensington AVE
Toronto, ON M5T 2K1,58-60 Kensington AVE
Toronto, ON M5T 2K1,58-60 Kensington AVE
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$ 8,800,000
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58-60 Kensington AVE Toronto, ON M5T 2K1


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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Kensington-Chinatown

MLS Listing ID C12485295

Annual Tax Amount $50,000

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

First time offered in a generation! 3-storey, 46' frontage in Kensington Market, with an almost 6% going-in Cap Rate and further immediate value-add opportunity. 9 oversized, 2+ bedroom apartments, some have S/S Appliances + Laundry, and a couple well known commercial tenants including a Michelin Recommended restaurant. It is an amazing mixed-use building, ready for the next generation of ownership.

Location

Province ON

County Toronto

Community Kensington-Chinatown

Area Toronto

Zoning CR2.0

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 46.0

Lot Depth 100.0

Others

Security Features Yes

ParcelsYN No


Listed by LENNARD COMMERCIAL REALTY
Azfar Zaidi

Azfar Zaidi

Broker | License ID: License #5023800

+1(647) 308-5169

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58-60 Kensington AVE