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$12,200,000
Status: OFF MARKET
This Medical-Office/Retail investment offers 89% occupancy and significant upside. The property is zoned MC-110% which permits a maximum gross floor area equal to 110% of the lot area (which is 75,000 SF). Excellent mix of medical office occupiers and clinics, on-site pharmacy and retail fronting on busy Woodbine Avenue with popular Phoenix Restaurant and The Printing House. Adjacent to a new build in progress which will bring 770,000 SF of industrial across the street and increase area activity. Well maintained by ownership group and professionally managed by ParMed, an experienced medical building operator/manager.
| Property Type | :Commercial |
|---|---|
| MLS Number | :N8364898 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :15 Oct, 2024 (575 Days ago) |
| Source | :TRREB |
| Area | :York |
|---|---|
| Postal Code | :
L3R 1A3
|
| Price | : $12,200,000 |
|---|---|
| Property Taxes | :$110329.16 |
| Tax Year | :2023 |
|---|
| Cross Street | :Woodbine Ave |
|---|
23 May, 2024
TREB #N8364898
Available
$12200000.0
