1724-1726 Avenue Rd
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1724-1726 Avenue Rd
3,282 SF 100% Leased Retail Building Toronto, ON M5M 3Y6 $2,550,000 CAD ($777 CAD/SF)
Investment Highlights
- High exposure location
- Retail amenities nearby
- Access to public transit
- Heavy commercialized area
Executive Summary
The offering presents retail/apartment/office users or investors with the opportunity to acquire a well improved multi tenanted property, offering approx 3,000 SF of excellent space on approx 3,046 SF of land. The Property offers excellent potential to occupy as a user with the rolling leases in the near term, or continue with strong cashflow upside generated through existing tenancies and future lease rollover.
Situated in North Toronto, the Property is located on the Avenue Road corridor just north of Lawrence Avenue. Neighboring the Ledbury Park and Bedford Park communities, it enjoys surrounding affluence that in part drives the retail, in addition to the high exposure along this high traffic corridor. The Property share a block with North of Brooklyn Pizza and Starbucks, and lies in close proximity to other coveted retailers such as Pusateri’s and Bruno Fine Foods.
The neighborhood is also among a cluster of highly reputable schools including Havergal College, Lawrence Collegiate, Ledbury Park, and Bedford Park.
1724-1726 Avenue Road has easy accessibility via 24hr public transit, situated steps away from the Avenue Rd and Lawrence Ave bus routes, as well as easy access to the Highway 401 to the North and the Allen Expressway to the West.
Situated in North Toronto, the Property is located on the Avenue Road corridor just north of Lawrence Avenue. Neighboring the Ledbury Park and Bedford Park communities, it enjoys surrounding affluence that in part drives the retail, in addition to the high exposure along this high traffic corridor. The Property share a block with North of Brooklyn Pizza and Starbucks, and lies in close proximity to other coveted retailers such as Pusateri’s and Bruno Fine Foods.
The neighborhood is also among a cluster of highly reputable schools including Havergal College, Lawrence Collegiate, Ledbury Park, and Bedford Park.
1724-1726 Avenue Road has easy accessibility via 24hr public transit, situated steps away from the Avenue Rd and Lawrence Ave bus routes, as well as easy access to the Highway 401 to the North and the Allen Expressway to the West.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,282 SF
Building Class
C
Year Built
1949
Price
$2,550,000 CAD
Price Per SF
$777 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.07
Lot Size
0.07 AC
Zoning
CR
Parking
4 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
67 ft on Avenue Rd
Amenities
- Bus Line
Walk Score ®
Walker's Paradise (90)
Nearby Major Retailers
1 of 3
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1724-1726 Avenue Rd
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