$ 1,500,000
5780 Sheppard AVE E #56-66 Toronto E11, ON M1B 5J6
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,500,000
Est. payment /mo
Pending
5780 Sheppard AVE E #56-66 Toronto E11, ON M1B 5J6
6,500 SqFt
UPDATED:
11/22/2024 02:55 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $230
MLS Listing ID E10410600
Condo Fees $7,508
Annual Tax Amount $23,108
Tax Year 2023
Property Description
* Opportunities like this don't come around often! This freestanding commercial condo retail property is a must-see for savvy investors and ambitious owner-operators. With a prime location, exceptional visibility, and incredible flexibility, this property is perfectly positioned to deliver both immediate and long-term value. * Currently tenanted by a popular Indian restaurant, the property already generates income while offering significant upside potential. Two additional vacant retail units on the main floor are ready to lease or occupy, providing endless possibilities for business expansion or rental revenue. The basement level features a massive separate unit with approximately 3,300 square feet, ideal for storage, creative uses, or even additional tenants an untapped goldmine for future growth! * This property's corner location ensures unparalleled street exposure, drawing attention from a steady stream of traffic. The ample on-site parking makes it a magnet for customers, while the surrounding area is rich with amenities, restaurants, and retail that foster high foot traffic. Convenient public transit options and proximity to Highway 401 make it an easily accessible destination for both locals and commuters. * With its combination of strong existing tenancy, vacant units for customization or lease, and a high-demand location, this property is a rare gem in todays market. Whether you're looking to build your portfolio or establish a thriving business, this is the opportunity you've been waiting for. *
Location
Province ON
County Toronto
Community Major Highway, Public Transit
Area Malvern
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features Yes
Listed by RE/MAX REALTRON REALTY INC.
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