58-60 Kensington Ave

LocationKensington-Chinatown, M5T 2K1
$8.8M For Sale
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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.

Features

  • Business Type
    Category: Retail Store Related
  • Commercial Total Area
    Total Area: 18,165 sqft
  • Commercial Office Area
    Office Area: 10,000 sqft
  • Commercial Retail Area
    Retail Area: 8,165 sqft
  • Commercial Parking Types
    Parking Types: Lane

Details

  • Commercial Zoning
    Zoning: Commercial/Residential(2)
  • Tax Amount
    Tax: $ 50,000
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C12485295
  • Listing contracted with: LENNARD COMMERCIAL REALTY

Transit Accessibility

St. Patrick Subway Station (1km)
Union Go Train Station (1.9km)

Location