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Commercial Property in Toronto
About 1048 Kingston Road
Colliers is pleased to present the opportunity to acquire a fully stabilized, newly renovated mixed-use building at 1048 Kingston Road, Toronto, located at the highly visible intersection of Victoria Park & Kingston Road in the Beaches. The property features 1,383 SF of prime ground floor retail and two residential units - one-bedroom unit at 884 SF and a two-bedroom unit at 1,474 SF, for a total building area of 3,741 SF, offering a diversified and stable income stream with contractual and market rental upside. The residential units are not subject to rent control. Both residential units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The property benefits from upgraded 3-phase power, 2" gas service, and 2" water service. Well maintained by the Vendor, the building provides a turnkey investment opportunity. Includes one surface parking stall at the rear, currently leased to the two-bedroom residential tenant. Located in a highly walkable neighborhood, the property is surrounded by abundant amenities including cafes, restaurants, grocery stores, and boutique retailers along Kingston Road. Its strong pedestrian and vehicular traffic, combined with convenient transit access, enhances the site's longterm value and desirability. Offered below replacement cost, 1048 Kingston Road represents a rare opportunity for investors seeking a core Toronto mixed-use asset in one of the city's most vibrant east-end communities.
Toronto retail priced at $2,600,000 — book a tour to see if it fits your search.
Inside 1048 Kingston Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
1939
Listing & possession
Property class
Commercial Retail
1048 Kingston Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13585282$2,600,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1048 Kingston Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 1048 Kingston Rd. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Kingston Road? See what yours is worth
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5121.8%On average, homes sold at or above asking.
Active listings12,615Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1048 Kingston Rd is listed at $2,600,000 (MLS® E13585282). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1048 Kingston Rd changed?
No — 1048 Kingston Rd is still listed at its original asking price of $2,600,000.
How many bedrooms and bathrooms does 1048 Kingston Rd have?
The listing for 1048 Kingston Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 1048 Kingston Rd close to transit?
The nearest rapid-transit station is Danforth GO Station (Lakeshore East GO), about 1.4 km (about a 18-minute walk) in a straight line. Victoria Park Station is about 1.6 km (about a 20-minute walk), and Main Street Station is about 1.6 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1048 Kingston Rd compare with other homes in Toronto?
Its asking price of $2,600,000 is about 209% above the median sold price in Toronto over the last 90 days, $842,000, across 9,257 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1048 Kingston Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1048 Kingston Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1048 Kingston Rd?
1048 Kingston Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1048 Kingston Rd been on the market?
106 days — 1048 Kingston Rd was listed on July 20, 2026.
What is the land transfer tax on 1048 Kingston Rd?
About $102,950 at the asking price of $2,600,000: $51,475 Ontario land transfer tax plus $51,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1048 Kingston Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1048 Kingston Rd?
The listing for 1048 Kingston Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1048 Kingston Rd built?
The listing for 1048 Kingston Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.