1309

Kennedy

Road,
Toronto,

ON
M1P 2L6

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For Sale

$14,999,000

1309 Kennedy Road, Toronto, ON M1P 2L6

Ellesmere/Kennedy Rd

Remarks

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.

Property Summary

Neighbourhood:
Annual Tax Amount: $116,559.26
Lot Frontage: 166.21 Feet
Lot Depth: 680.85 Feet

Office Listing:

William Irons Senior Vice President , Russell Willer - Sales Representative

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Neighbourhood Info

Debi Alleway

Sales Representative

Phone: 416.443.0300

Fax: 416.443.8619

Royal LePage Signature Realty, Brokerage (Independently owned and operated)

201 - 8 SAMPSON MEWS
Toronto, ON M3C0H5

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1309 Kennedy Road,
Toronto, ON M1P 2L6

$14,999,000

1309 Kennedy Road, Toronto, ON M1P 2L6

Ellesmere/Kennedy Rd

Remarks

Property Summary

Sorry, no neighbourhood info found for this area.

Debi Alleway

Sales Representative

Royal LePage Signature Realty, Brokerage (Independently owned and operated)

Get More Info

Get More Info

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$14,999,000

1309 Kennedy Road, Toronto, ON M1P 2L6

Ellesmere/Kennedy Rd

Remarks

Property Summary

Property Features:

Sorry, no neighbourhood info found for this area.

Debi Alleway

Sales Representative

Royal LePage Signature Realty, Brokerage (Independently owned and operated)

Get More Info

Get More Info

Book a tour