FOR SALE & LEASEBACK Investment Opportunity Presently configured as a prestigious and prominent plastic surgeons 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 opportu...nity for the discerning investor. Investment Highlights Extensively renovated and upgraded medical building100% occupied by established medical service providers. Strong net operating income under a fully net, vendor head lease, 5-year lease term in place, providing 5% yield on asking price. High-performing, stable medical asset in a prime location. Located in the heart of Toronto's exclusive Bedford Park, the property benefits from: Proximity to Ambrosia, Pusateri's, and many boutique shops, services, and dining venues along Avenue Road Nearby landmarks: Havergal College, Toronto Cricket Club, Rosedale Golf Club Easy highway access: Yonge Street on-ramp to Highway 401 within 5 minutes Quick downtown access: 25 minutes to downtown Toronto. Established in 2009, the clinic includes three distinguished medical service providers: Ground Floor: Avenue Plastic Surgery (avenue plastic surgery.ca) Second Floor: Cosmetic & Laser Clinic (aviva clinic.ca) Lower Level: Massage Therapy (diegoricetto.com)
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Full Property Details
General
Business Type
Health & Beauty Related
Industrial Area
-
Industrial Area Unit
-
Retail Area
2850.00
Retail Area Unit
Sq Ft
Office Area
-
Office Area Unit
-
Total Area
2850.00
Total Area Unit
Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Health & Beauty Related
Industrial Area
-
Industrial Area Unit
-
Retail Area
2850.00
Retail Area Unit
Sq Ft
Office Area
-
Office Area Unit
-
Total Area
2850.00
Total Area Unit
Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
165.21
Front
16.01
Lot Size
16 x 165.21 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CR3(c2;r2.8)*1543)
Depth
165.21
Front
16.01
Lot Size
16 x 165.21 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CR3(c2;r2.8)*1543)
Building Description
Home Type
Commercial
Subtype
Commercial/Retail
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial/Retail
Sewers
San+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
Bedford Park-Nortown
Community
Bedford Park-Nortown
Taxes & Fees
Taxes
$27,449.49 /yr
Tax Year
2024
Occupancy
Owner
Taxes
$27,449.49 /yr
Tax Year
2024
Occupancy
Owner
Jagtar Dhillon
Est. mortgage
$9,484/mo
Property Taxes
$27,449.49/yr
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Jagtar Dhillon
Courtesy of:ROYAL LEPAGE REAL ESTATE SERVICES LTD.