Investment Property Available
For Sale Street Retail

33 Kensington Ave & 23 St Andrews St

33 Kensington Ave & 23 St Andrews St, Toronto, ON M5T 2J8 Canada
Investment Property Available
For Sale Street Retail

33 Kensington Ave & 23 St Andrews St

33 Kensington Ave & 23 St Andrews St, Toronto, ON M5T 2J8 Canada
Building Size
16,533 SF
Building Size
16,533 SF

OVERVIEW

Three-building retail and mixed use assembly on a prime block of Kensington Avenue. The properties span multiple frontages with rear laneway access, offering steady in-place income and strong redevelopment potential on top of existing retail value in a tightly held urban retail corridor. The offering includes approximately three retail units and three large residential apartments across three contiguous building.

25 Kensington Avenue features an approx. 1,170 sf retail unit with approx. 917 sf lower level, currently vacant, providing immediate user or leasing potential. The upper level includes an approx. four-bedroom apartment, leased month to month. Approx. GFA: 3,737 sf. 33 Kensington Avenue includes a retail unit with lower level leased to Uncle Vintage, with an approx. three-bedroom apartment above, leased month to month. Approx. GFA: 3,401 sf. 35 Kensington Avenue includes a retail unit with lower level leased to Grant & Garbo (month to month), with an approx. three-bedroom apartment above, also leased month to month. Approx. GFA: 3,719 sf. All leases are flexible, providing strong and steady in-place income with near-term leasing and repositioning upside. The offering also includes a separate land parcel at 23 St. Andrews Street, currently improved with approx. 38 surface parking spaces, leased month to month, generating additional income while preserving future development flexibility. The assembly spans multiple retail frontages across a combined land area, creating

Details

Building Size:
16,533 SF
Sale Price:
Contact us for pricing

LOCATION

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