$11,900,000
bed
0bath1500 Midland Avenue, Toronto E04, ON M1P 3B9
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Property Description
Property type
Commercial Retail
Lot size
N/A
Style
Approx. Area
N/A
About 1500 Midland Avenue
Corner Retail Plaza with Midland Ave Exposure. Exceptional user/investment opportunity in prime Scarborough location. This 5-unit plaza is currently 100% leased to a strong mix of tenants, including well-known national brands. Immediate income with significant near-term rent upside Low Weighted Average Lease Term (WALT) of just 1.1 years and the potential for 30% vacancy by December 31, 2025. $100,000+ spent on recent renovations (new signage and siding). Dual street access. Minutes to Highway 401, DVP. TTC at doorstep. 2025 Environmental Phase 1 & 2 and Building Condition reports available upon signing confidentiality agreement.
Home Overview
Last updated
6 days ago
Virtual tour
None
Basement information
Building size
25663
Status
In-Active
Property sub type
Commercial Retail
Maintenance fee
$N/A
Year built
--
Additional Details
MORTGAGE INFO
ESTIMATED PAYMENT
Location
Some information about this property - Midland Avenue
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