245 West Beaver Creek Rd #9B
(289)317-1288


LOADING

1309 Kennedy Road Toronto, Ontario M1P 2L6

3 ac
Partially Air Conditioned Acreage

$14,999,000

Incredible opportunity to acquire a fully leased (except one month-to-month unit) small-bay industrial asset with strong in-place cash flow and significant upside potential. This listing includes both 260 Nantucket Blvd (22,136 SF) and 1309 Kennedy Rd (18,625 SF), situated on a combined 2.598 acres of land in the heart of Scarborough. Strategically located with frontage on Kennedy Road and direct access to TTC transit, both properties are tenanted under a mix of gross and net leases with staggered expiries between 2026 and 2029, offering a balance of income stability and future leasing flexibility. Together, the properties generate an annual gross rent of approximately $811,745, with an estimated net operating income (NOI) of over $660,000. Additional land situated between the buildings offers potential for future value creation through development or reconfiguration. Zoned ME & MC (1309 Kennedy) and M & VS (260 Nantucket), the properties allow for a broad range of industrial, commercial, automotive, office, and institutional uses. Buyers are advised to conduct their own due diligence on zoning and permitted uses. This is a rare chance to secure a high-performing industrial/commercial asset in one of Toronto's most active and well-connected employment nodes. (id:35762)

Business

BusinessType Industrial
BusinessSubType Warehouse

Property Details

MLS® Number E12185866
Property Type Industrial
Neigbourhood Scarborough
Community Name Dorset Park

Building

CoolingType Partially Air Conditioned
SizeInterior 3 Ac
Type Warehouse
UtilityWater Municipal Water

Land

Acreage Yes
Sewer Sanitary Sewer
SizeDepth 680 Ft ,10 In
SizeFrontage 166 Ft ,2 In
SizeIrregular 2.598
SizeTotal 2.598 Ac
SizeTotalText 2.598 Ac
ZoningDescription Me & Mc

https://www.realtor.ca/real-estate/28394146/1309-kennedy-road-toronto-dorset-park-dorset-park

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William Kenneth Irons
Salesperson


Royal LePage Signature Realty
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5

Russell Joseph Willer
Salesperson


Royal LePage Signature Realty
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5

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