565 Kennedy Road, Toronto E04, ON M1K 2B2, Toronto E04, ON
7820.0 sqft
Well-maintained 9-unit apartment building offering stable in-place income withmeaningful upside. Six units are currently tenanted, providing immediate cash flow,while three vacant units allow a purchaser to lease at market rents and significantlyenhance revenue. Several units have been recently renovated, creating an opportunityto further elevate rents through continued turnover and modernization. Additionalvalue in the lands mid-rise development capabilities allowing up to 10-storeys and127 condominium units.
Property Highlights
For Sale
MLS NO.
E12838876
Type
Commercial
Sub Type
Investment
Square Footage
7820.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12838876
Lot Width
137.8
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
565 Kennedy Road, Toronto E04, ON M1K 2B2
City
Toronto E04
Neighbourhood
Kennedy Park
County / Region
Toronto
Province / State
ON
Postal Code
M1K 2B2
Cross Street
Kennedy Road & Summer Drive
Directions
Kennedy Road & Summer Drive
Country
CA
List Price
$4,500,000
Annual Taxes
$6,268
Tax Year
2025
Legal Description
Part of Lot 7, Registered Plan 3507, City of Toronto (Former City of Scarborough)
Possession Type
Other
Possession Details
TBD
Listing Office
CBRE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2026-03-03T15:47:45Z
Media Updated
2026-03-03T15:47:45Z
Photos Updated
2026-03-03T15:47:45Z
Last Modified
2026-03-03T15:47:45Z
System Modified
2026-03-03T15:47:45.207569Z
MLS Status
New
Co List Office Name
CBRE LIMITED
Ddfyn
No
Expiration Date
2026-09-02
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Public Remarks
Well-maintained 9-unit apartment building offering stable in-place income withmeaningful upside. Six units are currently tenanted, providing immediate cash flow,while three vacant units allow a purchaser to lease at market rents and significantlyenhance revenue. Several units have been recently renovated, creating an opportunityto further elevate rents through continued turnover and modernization. Additionalvalue in the lands mid-rise development capabilities allowing up to 10-storeys and127 condominium units.
