1982 Islington Ave - Office FOR SALE


Toronto, ON M9P 3N5- Kingsview Village-The Westway
$3,350,000 CAD
416-756-5436

NO PHOTO

$3,350,000 CAD
Office - FOR SALE
null | Request Cap Rate

1982 Islington Ave
Toronto, ON M9P 3N5
Kingsview Village-The Westway


OVERVIEW

Welcome 1982 Islington Avenue, also commonly referred to as Briarcrest Manor. The building was originally designed for a single occupier, and is now home to three tenants that share common entrance to the building. This boutique commercial property and beautiful lands come with a rich history and significant charm. This 6,377 SF building (inclusive of 1,122 walk-out basement) is situated on 1.55 acres of which 0.9 acres are protected ravine lands and not developable without further application and municipal/ministry approval. The property is currently tenanted by a children’s daycare (3,146 SF), a legal office (500 SF) and a massage therapist (292 SF), all on month to month or short-term leases and there is approximately 2,500 SF of vacant space available for immediate occupancy. The property is zoned CL (Limited Commercial) and allows for a wide range of uses .

FOR SALE DETAILS

PRICE

$3,350,000 CAD

PRICE/SF

$525 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

CL

APN/PARCEL ID

191902649002200

ASK ABOUT THIS PROPERTY

Peter McGoeyCushman & WakefieldMore Info
416-756-5436

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Peter McGoeyCushman & WakefieldMore Info
416-756-5436

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.