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$2,500,000
Available - For Sale
Listing ID: C12435748
FOR SALE - INVESTMENT OPPORTUNITY Presently configured as a prestigious and prominent plastic surgeon's clinic, with ancillary services including a cosmetic & laser clinic and a massage therapy clinic, this unique custom-designed, specialty-use medical building provides an unrivaled opportunity for the discerning investor. INVESTMENT HIGHLIGHT This extensively renovated and upgraded medical building, with rentable area of 2,805 SF approximately, is 100% occupied by established medical service practitioners and provides a high-performing asset, characterized by a strong net operating income.On closing, a new 5-year lease term will be in place, providing a 5% yield on asking price. Located in the heart of Toronto's exclusive Bedford Park. The immediate community is home to artisanal gourmet grocery favorites Ambrosia, and Pusateri's amongst many shops, services and dining venues lining Avenue Road. The prestigious Havergal College, Toronto Cricket Club and Rosedale Golf Club are conveniently nearby. The Yonge Street on-ramp to Highway 401 is within a few minutes drive and downtown Toronto within approx. 25-minutes. Established in 2009, the clinic includes three distinguished medical service providers: Ground Floor: Avenue Plastic Surgery (avenueplasticsurgery.ca) Second Floor: Cosmetic & Laser Clinic (avivaclinic.ca) Lower Level: Massage Therapy Clinic (diegoricetto.com).
Price $2,500,000
Taxes: $28,025.93
Tax Type: Annual
Occupancy by: Owner
Address: 1802 Avenue Road , Toronto, M5M 3Z1, Toronto
Postal Code: M5M 3Z1
Province/State: Toronto
Legal Description: PT LT 45-48 PL 1706 TWP OF YORK AS IN NY
Directions/Cross Streets: Deloraine Avenue
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Service
Use: Health & Beauty Related
Building Percentage: T
Total Area: 2,805
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

1802 Avenue Road , Toronto, M5M 3Z1, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C04
Neighbourhood: Bedford Park-Nortown
Style:
Lot Size: x 165.21(Feet)
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Tax: $28,025.93
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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