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12 Old Kingston Road
West Hill Toronto M1E 3J5

$15,000,000 /For Sale
Commercial

Main Photo: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 1: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 2: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 3: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Photo 4: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12942218
Excellent Kingston Rd Exposure-Mixed-Use Cash Flow Asset with Mid-Rise Redevelopment PotentialExecutive SummaryA rare opportunity to acquire a high-yielding, mixed-use property situated along the Kingston Road Corridor-a designated "Avenue" for intensification by the City of Toronto. This "covered land play" features stable commercial and residential income ($200,000+ Gross Annual) with lease expiries strategically aligned for a 2027 redevelopment window.Total Commercial GFA: ~8,675 sq. ft. Residential Component: Detached House (Currently Leased) Current Gross Income: ~$202,800 per annum Zoning: Commercial / Residential (Mixed-Use) Financing: Vendor Take-Back (VTB) interest possible for qualified purchasers.Investment Highlights1. Immediate & Stable Cash FlowThe property is anchored by a flagship showroom and warehouse tenant with a lease through March 2027. The tenant covers all interior maintenance and utilities, significantly reducing landlord "leakage." An additional residential unit provides diversified monthly income ($2,900/mo).2. Significant Redevelopment UpsideLocated within the Kingston Road "Avenue" framework, the site is a prime candidate for mid-rise densification. Recent precedents in the immediate area include successful applications for 10-12 storey mixed-use buildings. The site is perfectly positioned to capture the demand for "Missing Middle" housing and transit-oriented development.3. Operational Excellence & Low CapExThe asset has been meticulously maintained by the current owner-operator, who runs a professional HVAC company. All mechanical systems are in good operating condition, minimizing immediate capital expenditure requirements for the incoming investor. ***By Appointment Only***
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
35719 sq. ft. Acres
Total Area:
35,719.2 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
351'
Lot Frontage:
101'3"
Lot Details:
101.25 x 351.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Hc
Heating type:
Gas Forced Air Open
Cooling:
No
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$32,869.82 / 2025
Assessment:
$- / -
Toronto
Toronto E10
West Hill
Public Transit
Partial
No
UFFI:
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Highway Commercial
Outside Storage:
Yes
Date Listed:
Apr 01, 2026
Original Price:
Previous Price:
  • Photo 1: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 1 of 4
  • Photo 2: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 2 of 4
  • Photo 3: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 3 of 4
  • Photo 4: 12 Old Kingston Road in Toronto: West Hill Commercial for sale (Toronto E10)  : MLS®# E12942218
    Photo 4 of 4

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Listed by HOMELIFE NEW WORLD REALTY INC.
Data was last updated April 6, 2026 at 06:15 AM (UTC)
DARYL  KING
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Explore Top Commercial Buildings for Sale Toronto

Toronto’s real estate landscape is home to diverse commercial properties in high-traffic and developing areas. These opportunities are ideal for investors, entrepreneurs, and developers seeking high-visibility, income-generating spaces.

• Retail and office buildings in downtown and midtown cores
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Purchasing a commercial property in Toronto means investing in one of North America’s most dynamic business hubs. Here’s why buyers are looking now:

  • Accessible transit and urban infrastructure
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Navigating the Commercial Real Estate Market in Toronto

Buying a commercial building in Toronto involves important considerations such as zoning laws, financing options, and market trends. Our experienced team is here to guide you through every step, offering personalized advice on property inspections, negotiations, and investment strategies to ensure a smooth and rewarding transaction.

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FAQs – Commercial Building for Sale Toronto

1. What types of commercial buildings are available in Toronto?
You’ll find retail storefronts, office buildings, mixed-use developments, and industrial spaces throughout the GTA.

2. How much does a commercial building cost in Toronto?
Prices vary based on location and size, ranging from $1M to over $20M for premium properties.

3. Is financing available for commercial properties?
Yes. Commercial mortgages are offered by banks and lenders with typical down payments of 25–35%.

4. Do I need a special permit to run a business from a commercial building?
Zoning laws apply. You must check with the City of Toronto to ensure your business use aligns with the building’s permitted zoning.

5. Are commercial buildings in Toronto a good investment?
Yes. With Toronto’s population growth, strong economy, and high business demand, commercial real estate remains a stable long-term investment.