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5,738 SqFt
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5,738 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Rent
Square Footage 5,738 sqft
Municipality Toronto E10
Subdivision West Hill
MLS Listing ID E14152906
Annual Tax Amount $16
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Retail opportunity for Lease at 4630 Kingston Road, Scarborough, within Phase 1 of The Everston, a brand new 13-storey residential rental development. The property sits at the signalized NW corner of Kingston Road (Hwy 2) and Manse Road in east Scarborough, with possession expected late Q1 2027. Phase 1 of the development adds ~ 300 new residential rental units above ~5,738 sf of divisible ground-floor retail space, featuring at minimum ~14 - foot ceilings and direct Kingston Road frontage. Phase 1 can accommodate up to six units, to be demised based on tenant requirements, subject to a 10-year lease term commitment. 2027 TMI is ~$16.00 per sf. The site benefits from strong vehicle and pedestrian traffic, with AADT's of ~21,290 vehicles along Kingston Road. TTC bus service is available at the intersection providing connections to various GO Stations. The U of T Scarborough campus, home to ~15,000 students, is located nearby and contributes a steady base of students, faculty, and off-campus residents to the surrounding trade area, supporting consistent year-round demand for local retail and food service. Within a 5-kilometre radius, the population exceeds ~197,000 residents, with an average household income of approximately $125,334. Space will be provided raw for tenant configuration. Electrical, water and gas service are available. Rear common garbage and loading accessible. For further details on the residential development, visit https://everston.ca/.
Location
Province ON
County Toronto
Community Toronto E10
Area Toronto
Zoning "CR". Exception # 14 applies
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Others
Security Features No
ParcelsYN No
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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