Vishal Sharma
Broker
$15,999,999
Available - For Sale
Listing ID: E12728178
3601 Lawrence Avenue East , Toronto, M1G 1P5, Toronto
| 2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities. |
| Price | $15,999,999 |
| Taxes: | $198500.53 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 3601 Lawrence Avenue East , Toronto, M1G 1P5, Toronto |
| Postal Code: | M1G 1P5 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Markham and Lawrence |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Commercial Condo |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 88156.34 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 10 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Rail: | N |
| Grade Level Shipping Doors #: | 1 |
| Height Feet: | 10 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary Availa |
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Vishal Sharma
Broker
Dir:
416-627-6612
Bus:
905-673-8500
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E09 |
| Neighbourhood: | Woburn |
| Approximate Age: | 51-99 |
| Tax: | $198,500.53 |
| Fireplace: | N |
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