Rare opportunity to acquire a flagship medical and professional building on a high-visibility nearly one-acre lot in the heart of Scarborough's healthcare corridor. This recently renovated asset features 100% occupancy with a strong and diversified medical tenant mix, including pharmacies, laboratories, and specialized healthcare providers. Strategically located minutes from SHN Centenary and SHN General Hospitals, the property offers strong and stable cash flow with a high cap rate. Positioned in a rapidly revitalizing area, the site presents significant future redevelopment and intensification potential. Excellent connectivity via Highway 401 and GO Transit makes this an ideal investment for institutional buyers or private investors seeking both immediate returns and long-term growth. (id:374)
| MLS # | E13046798 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 189 |
| Listing Provided By | RE/MAX ATRIUM HOME REALTY | HELEN YAN |
| SQ Feet | 16,006 |
|---|---|
| Zoning | CR |
| Acreage | 0.98 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Elevator |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 56497 |
|---|
| Province | ON |
|---|---|
| City | Toronto (West Hill) |
| Postal Code | M1E2S2 |
| Listing VS Median (in M1E2S2) | |
Price: $1 low | high Med: $1 sqft: 16,006 low | high Med: 16,006 $ / sqft: $0 low | high Med: $0 On site: 189 low | high Med: 189 | |
| Province | ON |
|---|---|
| City | Toronto (West Hill) |
| Postal Code | M1E2S2 |
| Listing VS Median (in M1E2S2) | |
Price: $1 low | high Med: $1 sqft: 16,006 low | high Med: 16,006 $ / sqft: $0 low | high Med: $0 On site: 189 low | high Med: 189 | |