
843 Kennedy Road
Toronto E04, ON, M1K 2E3
Community:Ionview
Asking Price
$12,000,000
Frontage
379.46 ft.
Lot Depth
183 ft.
Square Foot
30,221 ft.
Lot Area
1.66 Feet
Zoning
Commercial
843 Kennedy Road, Toronto E04, M1K 2E3
Property Description
Original Remarks
Welcome to 843 Kennedy Road, a rare opportunity to acquire a 30,221 square foot (sf) institutional office building, sitting on 1.66 acres, boasting 380 feet of frontage on Kennedy Road, just north of Eglinton. An additional 2,401 sf of basement/service area not included in the square footage. The two-story building was formerly occupied by a community non-profit organization, and features a mix of open areas, offices, meeting rooms, staff areas, and a small gymnasium and outdoor areas, supporting a range of institutional and community-serving uses. The property includes 97on-site parking spaces, including 4 Electric Vehicle charging stations. Ideally located minutes from the Eglinton Crosstown LRT, Kennedy TTC and GO Stations, and is a short drive to an abundance of retail amenities and the HWY 401 and DVP on ramps. The property is currently subject to site-specific Institutional zoning (I 0.65*91), permitting a residential care facility and offices related to community or public services, making it well suited for healthcare, social service, educational, and other community-oriented organizations. Purchasers may wish to explore planning applications to broaden permitted institutional uses or to align zoning with the Official Plan's Residential designation of "Apartment Neighborhoods." Although preliminary discussions with Planners have occurred, buyers are encouraged to conduct their own due diligence as it pertains to zoning and future intended use.
PROPERTY HISTORY
843 Kennedy Road
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