Message Number400816
statusActive
Subject LineEast York, Toronto, Medical Building at major intersection. $7 M,
Building: 12,120 S.F. With 5.2% cap rate before covid 19 city locked down.
Business area
Canada
Ontario
Greater Toronto area
Toronto
Scarborough
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Office & Medical Buildings
Date of ListingAugust 31 2021
Type DescriptionIncome and investment Property
LocationToronto
Price$7,000,000.00
Building area12120
Site area50 x 105 ft
ZoningCommercial
Cap Rate5.2%
CommentsThe Property benefits from the excellent high-density residential location & communities, subway line and regional access on major roads. Medical Commercial Building with corner lot, excellent for exposure. Land: 50 x 105 F.T.; site at the major intersection of Danforth Ave and Greenwood Ave. The Subway Station 5 minute away. The Site is situated less than a 10-minute drive to DVP HWY and access to the regional GO Transit Network is provided by the Main St. GO Station. An attractive GTA investment opportunity. The total components are occupied by attractive medical tenants in 2020.
With 5.2% cap rate before covid 19 with city locked down.
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Member Identifier6209
ControlExclusive
NameRichard Lee
TitleBroker
Company NameHomeLife Golconda Realty Inc. Brokerage
Address Line One3601 HWY7 E., Suite 215
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 0M3
CountryCanada
Business Phone Number(905)888-8819
Cell Number416-456-6776
Email AddressSend Email
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