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MLS® E9352757

Overview

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $42,029
Approx. Age 
MLS® Number E9352757

Property Address: 1270 Woodbine Ave, East York, ON, M4C4E6

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity - exceptionally situated with high visibility in a high regentrification area. Redevelopment property with current rental income from a Triple A tenant. Corner location between O'Connor Dr and Danforth Ave, with 179.4 feet of frontage on Woodbine Ave. Approximately 1 km from TTC subway stop. Bousfields planning report suggests a redevelopment of 12-15 storeys. Kirkor massing study also available. 22, 000 sqft of land currently improved with a free-standing building of 4, 810 sqft, entirely leased (triple net, tenant pays all maintenance and repairs) to THE BEER STORE until 2032, with escalations, and three 5 year extension options. Lease includes provisions for Landlord right to terminate lease at any time, and allowance to build an additional building on site of up to 3, 000 sqft. ***assumable mortgage of approximately $3 million @ 3.5%, until 2027.Show Description
MLS® NumberE9352757
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

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00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
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