4656 Kingston Road

ActiveRouge / Port Union / Malvern156 days on marketMLS® E12810924

$4,999,000

$233 / sq ft

Bedrooms0

Bathrooms0

Interior21,442 sq ft

Lot Size21,442 sq ft

TypeCommercial

ListingFor Sale

Days on Market156

About this property

** 21,330 Sq. Ft. Of Land In Close Proximity To University Of Toronto Scarborough And Centennial College-Morningside Campus****Property Has A Mixed Use Land Use Designated And The Kingston Road Avenue Study Encourages Development Revitalization Up To A Maximum Of 12 Storey Condo Development or Rental Buildings** **Short Commute To Guildwood Go Station Which Connects Transit Riders To Union Station****City of Scarborough has Designated Kingston Rd for High Density, 10 to 12 Storey condo development****Seller will Sell and Lease Back the Property at market rates, from the Buyers so that Buyers can proceed with Zoning, Site Plan Approval process with City of Scarborough** Please discuss Lease Rates with Listing Realtor** Current Zoning CR-603 allows Maximum 8 Storey Building. CR-604 clearly states Section 6 Coverage shall not apply, meaning, Buyer can get exception from city to build upto 11 to 12 storey Building.**Key High-Rise Projects Around Kingston Road, Scarborough: These are just examples, to show how the Kingston Rd is being developed as High Density Area. It will be the responsibility of the Buyer to obtain City Zoning approvals, site plan approvals and building permits to build a 11 Storey Building on this site.*****4569 Kingston Rd., East Pointe Condos (next to KalTire)- 11 Storey Building nearly completed. ***4630 Kingston Rd., Everston.ca Condos, 13 Storeys with 417 Units Under Construction (Manse Rd & Kingston Rd).The subject property is listed for $1, the price stated is for information only, please discuss price and other details with LA. Clean Phase 1 and 2 ESA Reports are available. Seller Lease Back option available for potential buyers if they are interested.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	E12810924
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	21,442 sq ft
Lot Size	21,442 sq ft
Beds / Baths	0 bed · 0 bath
City	Rouge / Port Union / Malvern
Postal Code	M1E 2P9
Province	ON
Listed Date	March 4, 2026
Days on Market	156
Price per Sq Ft	$233
Brokerage	CENTURY 21 LEADING EDGE REALTY INC.