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Home ON Greater Toronto Area Toronto North York Ledbury Park Bedford Park-Nortown
1802 AVENUE ROAD
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1802 AVENUE ROAD $2,500,000
$2,500,000
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1802 AVENUE ROAD
Toronto (Bedford Park-Nortown), Ontario M5M3Z1

MLS® Number: C12435748

Listing Description

FOR SALE - USER / INVESTOR OPPORTUNITY VACANT POSSESSION CAN BE ARRANGED. Presently configured as a prestigious and prominent plastic surgeon's 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 HIGHLIGHT This extensively renovated and upgraded medical building, with rentable area of 2,805 SF approximately, is 100% occupied by established medical service practitioners and provides a high-performing asset, characterized by a strong net operating income.On closing, a new 5-year lease term will be in place, providing a 5% yield on asking price. Located in the heart of Toronto's exclusive Bedford Park. The immediate community is home to artisanal gourmet grocery favorites Ambrosia, and Pusateri's amongst many shops, services and dining venues lining Avenue Road. The prestigious Havergal College, Toronto Cricket Club and Rosedale Golf Club are conveniently nearby. The Yonge Street on-ramp to Highway 401 is within a few minutes drive and downtown Toronto within approx. 25-minutes. Established in 2009, the clinic includes three distinguished medical service providers: Ground Floor: Avenue Plastic Surgery (avenueplasticsurgery.ca) Second Floor: Cosmetic & Laser Clinic (avivaclinic.ca) Lower Level: Massage Therapy Clinic (diegoricetto.com). (41367842)

Location Description

Deloraine Avenue

Property Summary

Property Type
Retail
Community Name
Bedford Park-Nortown
Land Size
16.01 x 165.21 FT
Annual Property Taxes
$28,025.93
Total Parking Spaces
6
Time on REALTOR.ca
76 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Personal Services (Health Centre)
Parking
Total Parking Spaces
6

Measurements

Square Footage
2805 sqft

Land

Lot Features
Frontage
16 ft
Land Depth
165 ft ,2 in
Other Property Information
Zoning Description
CR3(c2;r2.8)*1543)
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GEORGE WOODLAND CHAMBERS