For Sale - 1802 Avenue Road, Toronto, Ontario

Est payment $12,005/mo
Views   1
Time on Jump  229 day
  • 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.

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1802 Avenue Road
Toronto , Ontario
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