Proudly Canadian
1802 Avenue Road - Photo 1

1 / 1

SaleCommercial Retail

1802 Avenue Road

Toronto C04, ON M5M 3Z1

Price

$2,500,000

Building Size

2,805 sq ft

Lot: 2,637 sq ft

MLS# C12435748 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Commercial Specifications

Parking

6 spaces

Property Description

FOR SALE - USER / INVESTOR OPPORTUNITY VACANT POSSESSION CAN BE ARRANGED. 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 & Status History

Price history is locked

Free Resource

Get the Warehouse Screening Checklist

Professional evaluation guide to screen 5-10 properties in the time it takes to tour one.

Vick Yogeswaran - REALTOR

Book a Private Showing with HouseIndex

Guided by Vick Yogeswaran • REALTOR®

RE/MAX Realtron Realty Inc., Brokerage

15+ years experience in GTA real estate
Private showings arranged quickly
Expert negotiation support
Commercial & investment property specialist
No pressure • 100% free consultation
Property Inquiry
Step 1/3

What are you looking to do?

Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.