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$ 16,490,000
Est. payment | /mo
$ 16,490,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto E09
Subdivision Woburn
MLS Listing ID E12710652
Annual Tax Amount $128,175
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven location.
Location
Province ON
County Toronto
Community Toronto E09
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 193.0
Lot Depth 301.0
Building
Building Age 51-99
Others
Security Features Partial
ParcelsYN No
Listed by RE/MAX COMMUNITY REALTY INC.
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