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Investment Highlights

  • Prime Scarborough location near the Kennedy Rd & Steeles Ave E intersection.
  • Strong street presence with exposure along a major arterial roadway.
  • Excellent connectivity with quick access to Highways 401, 404, and 407.
  • Functional building layout suitable for industrial, office, or commercial users.

Executive Summary

3101 Kennedy Rd is a well-located industrial/commercial property in Toronto’s established Scarborough business district. Positioned just north of Steeles Avenue East, the site offers excellent accessibility to major transportation routes including Highway 404, Highway 401, and nearby arterial roads. The property features a functional layout suited for a range of industrial, office, or showroom users, with strong exposure along Kennedy Road and convenient access for both employees and clients. Surrounded by a dense employment node and a wide range of amenities, this location is ideal for businesses seeking a connected and highly accessible setting in the GTA.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit A3
  • 735 SF
  • Retail
  • $555,857 USD ($756.27 USD/SF)
  • -
Sale Type Investment
Sale Notes
Assignment Sale. Welcome to Brand New Commercial Retail Plaza Gourmet City, is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. This unit can for restaurant use. The development by H & H Group features a modern design with high quality finishes. ***Tax not yet assessed*** Restaurant use. has tenant with 5 year lease. must assume the lease
  • Unit B1
  • 701 SF
  • Retail
  • $520,676 USD ($742.76 USD/SF)
  • -
Sale Type Investment
Sale Notes
Welcome to Brand New Commercial Retail Plaza Gourmet City, is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. This unit can for restaurant use. The development by H & H Group features a modern design with high quality finishes. ***Tax not yet assessed*** Restaurant use***This unit is already closed. Not assignment Sale
Unit Unit Size Condo Use Price NOI
Unit A3 735 SF Retail $555,857 USD ($756.27 USD/SF) -
Unit B1 701 SF Retail $520,676 USD ($742.76 USD/SF) -

Unit A3

Unit Size
735 SF
Condo Use
Retail
Price
$555,857 USD ($756.27 USD/SF)
NOI
-

Unit B1

Unit Size
701 SF
Condo Use
Retail
Price
$520,676 USD ($742.76 USD/SF)
NOI
-

Unit A3

Unit Size 735 SF
Condo Use Retail
Price $555,857 USD ($756.27 USD/SF)
NOI -
Sale Type Investment
Sale Notes
Assignment Sale. Welcome to Brand New Commercial Retail Plaza Gourmet City, is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. This unit can for restaurant use. The development by H &amp; H Group features a modern design with high quality finishes. ***Tax not yet assessed*** Restaurant use. has tenant with 5 year lease. must assume the lease</li></ul>

Unit B1

Unit Size 701 SF
Condo Use Retail
Price $520,676 USD ($742.76 USD/SF)
NOI -
Sale Type Investment
Sale Notes
Welcome to Brand New Commercial Retail Plaza Gourmet City, is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. This unit can for restaurant use. The development by H &amp; H Group features a modern design with high quality finishes. ***Tax not yet assessed*** Restaurant use***This unit is already closed. Not assignment Sale</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 13,488 SF
Property Type Retail
Property Subtype Storefront
Building Class B
Floors 1
Typical Floor Size 13,488 SF
Year Built 2025
Lot Size 3.80 AC
Parking Ratio 10.84/1,000 SF
Zoning E - Employment, Limited Restaurant, Take out food, Limited medical use, Retail and office

Amenities

  • Bus Line
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

StorageMart
Starbucks
Scotiabank
Planet Fitness
The Famous Owl of Minerva
Tim Hortons
No Frills
Royal Bank of Canada
TD Canada Trust
Sugar Marmalade
  • Listing ID: 41094739

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 3101 Kennedy Rd, Toronto, ON M1V 4Y1

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