$12,269,900
bed
0bath3850 Finch Avenue, Toronto E05, ON M1T 3T6
Price Comparison
Property Description
Property type
Investment
Lot size
N/A
Style
Approx. Area
N/A
About 3850 Finch Avenue
3850 Finch Avenue East is an excellent value-add 4-story (plus tenant basement) Medical/Retail investment opportunity. The Property is improved with a 51,409 (BOMA 2024) rentable square foot building fronting on Finch Avenue East just west of Kennedy Road. The Property is currently 93% occupied with predominately established medical, professional services and retail tenancies, providing stable cash flow and considerable revenue growth through contractual escalations and contract adjustments to meet current BOMA measurement standards. The Property is well located in the catchment area of the Scarborough Health Network's Birchmount Hospital and is within an established residential community with excellent access to transit. The Property has been well-maintained by the current owner, and it benefits from ample surface parking on site.
Home Overview
Last updated
4 hours ago
Virtual tour
None
Basement information
Building size
51403
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
--
Additional Details
MORTGAGE INFO
ESTIMATED PAYMENT
Location
Some information about this property - Finch Avenue
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