ON > Toronto E04 > Dorset Park
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 11,900,000
Est. payment | /mo

25,663 SqFt

Save
$ 11,900,000
Est. payment | /mo
Save

25,663 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 25,663 sqft

Price per Sqft $463

Subdivision Dorset Park

MLS Listing ID E12255216

Annual Tax Amount $82,126

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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, offers remarkable flexibility for users or investors. $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.

Location

Province ON

County Toronto

Community Dorset Park

Area Toronto

Zoning Commercial Residential

Interior

Cooling Yes

Inclusions All Information To Be Verified By The Buyer.

Exterior

Utilities Available Yes

Lot Frontage 258.0

Lot Depth 251.0

Others

Security Features Yes

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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1500 Midland AVE

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