$16,490,000
Available - For Sale
Listing ID: E12710652
3601 Lawrence Avenue East , Toronto, M1G 1P5, Toronto
| Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven location. |
| Price | $16,490,000 |
| Taxes: | $128175.30 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Owner+T |
| Address: | 3601 Lawrence Avenue East , Toronto, M1G 1P5, Toronto |
| Postal Code: | M1G 1P5 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Markham and Lawrence |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Commercial Condo |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 88156.34 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 10 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Approximatly Age: | 51-99 |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Rail: | N |
| Grade Level Shipping Doors #: | 1 |
| Height Feet: | 10 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary Availa |
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| RE/MAX COMMUNITY REALTY INC. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E09 |
| Neighbourhood: | Woburn |
| Approximate Age: | 51-99 |
| Tax: | $128,175.3 |
| Fireplace: | N |
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