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    For Sale - 1802 Avenue Road, Toronto, Ontario

    Est payment $12,005/mo
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    Views   8
    Time on Jump  356 day

    AI Summary *

    • Detached professional building with over 2,800 SF of usable space.
    • Turnkey medical infrastructure, previously renovated for a surgical and wellness center.
    • Six dedicated parking spaces, a rarity in the area for patient accessibility.
    • Triple net head lease provides steady income with a minimum 5-year term.
    • Potential for future development with CR3 zoning allowing for additional density.




    For sale & lease back - investor opportunity step into a space designed for excellence. 1802 avenue road is a detached professional building with a usable area of 2,805 sf approximately, over three-levels. Turnkey medical infrastructure this property is not another shell unit. The property underwent a comprehensive, custom-designed, high-spec renovation, transforming it into a flagship surgical and wellness center. Designed by a medical practitioner and now home to a plastic surgery clinic, cosmetic laser clinic and registered massage therapist. The parking premium in the bedford park pocket, most avenue road storefronts have 0-1 spots. 1802 avenue road offers six dedicated spaces. This attribute greatly enhances property value and directly increases patient volume and practitioner retention. Investment profile this turnkey investment structure commands a premium compared to general retail or office shell space. 1802 avenue road is considered a high-performing medical asset. On closing the seller will enter a triple net head lease on 100% of the building with a minimum 5-year term, providing a 5% yield on purchase price. For the investor buyer, the cr3 zoning (2. 8x density) may provide a built-in exit strategy. The 165 ft. Deep lot provides for a future 3 or 4 storey mixed-use mid-rise, subject to municipal approval.
    Listing IDC12435748
    Address1802 Avenue Road
    CityToronto, Ontario
    Price$2,500,000
    StyleCommercial Retail
    Land Size2637.16
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1802 Avenue Road
    Toronto , Ontario
    $2,500,000
    Get more info