1802 Avenue Road Toronto, Ontario M5M 3Z1
$2,500,000
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. (id:61015)
Business
| Business Type | Personal Services |
| Business Sub Type | Health Centre |
Property Details
| MLS® Number | C12435748 |
| Property Type | Retail |
| Neigbourhood | North York |
| Community Name | Bedford Park-Nortown |
| Parking Space Total | 6 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,805 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 165 Ft ,2 In |
| Size Frontage | 16 Ft |
| Size Irregular | 16.01 X 165.21 Ft |
| Size Total Text | 16.01 X 165.21 Ft |
| Zoning Description | Cr3(c2;r2.8)*1543) |
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March 30 2026 02:01:18
Toronto Regional Real Estate Board
Royal LePage Real Estate Services Ltd.