4656 Kingston Road
4656 Kingston Road
$4,699,999
$219/sq ft · 71 days on market
About This Listing
Rare Kingston Road Investment / Development / Land Banking Opportunity In Scarborough's West Hill Community. Approx. **21,441.69 Sq. Ft. / 0.492 Acres** With **196 Ft Frontage** On Prime Kingston Rd. Property Benefits From **Commercial Residential (CR) Zoning**, Mixed Use Land Use Designation, And Kingston Road Avenue Revitalization Context. Existing Long-Standing Auto Dealership Use With Grandfathered Used Car Sales Lot Characteristics, Offering Rare Appeal For Automotive Operators, Owner-Users, Developers, Land Bankers, And Investors. Site Includes Sales/Service Structure, Former Car Wash Structure, And Large Paved Display/Storage Area. Clean Phase I And Phase II ESA Reports Available. Excellent Location Near U Of T Scarborough, Centennial College Morningside Campus, Guildwood GO, Hwy 401, Major Retail, Parks, And Established Residential Communities. Nearby Kingston Rd Developments Demonstrate The Corridor's Ongoing Intensification, Including 4569 Kingston Rd And 4630 Kingston Rd. Potential Future Mixed-Use, Condo, Rental, Or Commercial/Residential Redevelopment To Be Verified By Buyer And Subject To City Approval, Zoning, Site Plan Approval, And Building Permits. Seller Leaseback Option Available For Buyers Seeking Interim Holding Income While Exploring Future Development.
| Monthly Mortgage (P&I) | $20,477 |
| Property Tax (MLS) | $2,092 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $22,569 |
Down payment: $940,000 (20.0%) · Mortgage: $3,759,999
Property tax uses MLS annual tax of $25,099/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX HALLMARK FIRST GROUP REALTY LTD.
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Data last updated: August 22, 2026 at 04:26 a.m.