
Toronto E09, ON M1G 1P5
2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities.
TRREB MLS® Attribution
MLS® E13225524
Listed by LUXURY HOMES WORLD INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$53,710
/month · $8,799,200 mortgage
Amortization
Total Interest
$7,313,670
Total Cost
$16,112,870
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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LUXURY HOMES WORLD INC.