Toronto W10, ON M9V 1A7,950 Albion RD E
Toronto W10, ON M9V 1A7,950 Albion RD E
Toronto W10, ON M9V 1A7,950 Albion RD E
Toronto W10, ON M9V 1A7,950 Albion RD E
Toronto W10, ON M9V 1A7,950 Albion RD E
Toronto W10, ON M9V 1A7,950 Albion RD E
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$ 14,888,000
Est. payment | /mo

31,350 SqFt


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$ 14,888,000
Est. payment | /mo
Save

31,350 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 31,350 sqft

Price per Sqft $474

Subdivision Thistletown-Beaumonde Heights

MLS Listing ID W12230268

Annual Tax Amount $69,251

Tax Year 2024

Property Sub-Type Investment

Property Description

Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail

Location

Province ON

County Toronto

Community Thistletown-Beaumonde Heights

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 506.02

Lot Depth 31350.0

Listed by RIGHT AT HOME REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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