1802 Avenue RD, Toronto C04, ON M5M 3Z1
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 2,500,000
Est. payment | /mo

2,805 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

2,805 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,805 sqft

Price per Sqft $891

Municipality Toronto C04

Subdivision Bedford Park-Nortown

MLS Listing ID C12435748

Annual Tax Amount $28,025

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

FOR SALE & LEASE BACK - INVESTOR OPPORTUNITY Step into a space designed for excellence. 1802 Avenue Road is a detached professional building with a usable area of 2,805 SF approximately, over three-levels.TURNKEY MEDICAL INFRASTRUCTURE This property is not another shell unit. The property underwent a comprehensive, custom-designed, high-spec renovation, transforming it into a flagship surgical and wellness center. Designed by a medical practitioner and now home to a plastic surgery clinic, cosmetic laser clinic and registered massage therapist.THE PARKING PREMIUM In the Bedford Park pocket, most Avenue Road storefronts have 0-1 spots. 1802 Avenue Road offers six dedicated spaces. This attribute greatly enhances property value and directly increases patient volume and practitioner retention. INVESTMENT PROFILE This turnkey investment structure commands a premium compared to general retail or office shell space.1802 Avenue Road is considered a high-performing medical asset. On closing the seller will enter a triple net head lease on 100% of the building with a minimum 5-year term, providing a 5% yield on Purchase Price.For the investor buyer, the CR3 zoning (2.8x density) may provide a built-in exit strategy. The 165 ft. deep lot provides for a future 3 or 4 storey mixed-use mid-rise, subject to municipal approval.

Location

Province ON

County Toronto

Community Toronto C04

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 16.01

Lot Depth 165.21

Others

Security Features No

ParcelsYN No

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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1802 Avenue RD

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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