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1316 Kingston Rd - Terrasse at the Hunt Club 2,757 SF Retail Condo Unit Offered at $1,780,000 CAD in Toronto, ON M1N 1P6
Investment Highlights
- AAA long-term medical tenant with strong neighborhood history, experienced operator (20+ years), and Landlord favorable personal indemnity.
- NNN Lease structure - Tenant pays all Property Tax, Maintenance Fees and Utilities.
- Brand-new construction space with major renovations and investment made by Tenant
- Single tenant occupying 2 legally titled retail units (future demising options)
Property Facts
| Total Building Size | 38,919 SF | Typical Floor Size | 5,560 SF |
| Property Type | Multifamily (Condo) | Year Built | 2023 |
| Property Subtype | Apartment | Lot Size | 0.27 AC |
| Building Class | A | Parking Ratio | 0.82/1,000 SF |
| Floors | 7 |
| Total Building Size | 38,919 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 7 |
| Typical Floor Size | 5,560 SF |
| Year Built | 2023 |
| Lot Size | 0.27 AC |
| Parking Ratio | 0.82/1,000 SF |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
1 Unit Available
Unit 1
| Unit Size | 2,757 SF | Condo Use | Retail |
| Price | $1,780,000 CAD | Sale Type | Investment |
| Price Per SF | $645.63 CAD | No. Parking Spaces | 2 |
| Unit Size | 2,757 SF |
| Price | $1,780,000 CAD |
| Price Per SF | $645.63 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
Fully leased, single-tenant investment opportunity, secured by a long-term Net + Carefree lease to a well-established veterinary clinic with a longstanding neighborhood operating history. The practice is led by Dr. Nigel Skinner, co owner and veterinarian with 20+ years of experience, and is supported by a strong personal guarantee extending through the lease and renewal terms, and a loyal clientele. The Veterinary Clinic occupies what is legally titled as 2 separate / adjacent commercial units, but leased two one tenant for a larger combined space.
Sale Notes
Situated at the base of the elegant 8 storey Terrasse at The Hunt Club by Toronto’s Upper Beaches, 1316 Kingston Road presents an opportunity to secure brand new corner retail unit in a rapidly gentrifying mixed-use neighborhood. The unit features wrap around frontage on the sunny north side of Kingston Road at the corner of Woodland Park Road, directly across from the acclaimed Toronto Hunt Club. This stretch of Kingston Road is currently undergoing significant revitalization with new mid-rise and townhouse developments redefining the streetscape and neighborhood density. With direct bus stops at front door and less than 2km from the Victoria Park Subway Station, this opportunity is well serviced by public transportation, within short proximity to Toronto’s downtown core. With an influx of new residential developments and master planned communities in the node, the area is notably underserviced, supporting long-term tenant stability and income security.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 15 | - | - |
| 3+2 | 5 | - | - |
Presented by
1316 Kingston Rd - Terrasse at the Hunt Club
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