Toronto E09 M1G 1P5
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C16,490,000
($12,020,400)
(€10,404,300)
Annual Taxes:C128,175.30
505 Park Ave, New York, NY 10022

Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough.

    Description

    Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven location.

    Amenities

    • Available
    • Partial

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.