$2,500,000
Est. payment /mo
2,850 SqFt
New
1802 Avenue RD Toronto C04, ON M5M 3Z1
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $877
Subdivision Bedford Park-Nortown
MLS Listing ID C12435748
Annual Tax Amount $27,449
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
FOR SALE & LEASEBACK Investment Opportunity Presently configured as a prestigious and prominent plastic surgeons 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 Highlights Extensively renovated and upgraded medical building100% occupied by established medical service providers. Strong net operating income under a fully net, vendor head lease, 5-year lease term in place, providing 5% yield on asking price. High-performing, stable medical asset in a prime location. Located in the heart of Toronto's exclusive Bedford Park, the property benefits from: Proximity to Ambrosia, Pusateri's, and many boutique shops, services, and dining venues along Avenue Road Nearby landmarks: Havergal College, Toronto Cricket Club, Rosedale Golf Club Easy highway access: Yonge Street on-ramp to Highway 401 within 5 minutes Quick downtown access: 25 minutes to downtown Toronto. Established in 2009, the clinic includes three distinguished medical service providers: Ground Floor: Avenue Plastic Surgery (avenue plastic surgery.ca) Second Floor: Cosmetic & Laser Clinic (aviva clinic.ca) Lower Level: Massage Therapy (diegoricetto.com)
Location
Province ON
County Toronto
Community Bedford Park-Nortown
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 16.01
Lot Depth 165.21
Others
Security Features No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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