FOR SALE & LEASE BACK - INVESTOR OPPORTUNITY Step into a space designed for excellence. 1802 Avenue Road is a detached professional building with a usable area of 2,805 SF approximately, over three-levels.TURNKEY MEDICAL INFRASTRUCTURE This property is not another shell unit. The property underwent a comprehensive, custom-designed, high-spec renovation, transforming it into a flagship surgical and wellness center. Designed by a medical practitioner and now home to a plastic surgery clinic, cosmetic laser clinic and registered massage therapist.THE PARKING PREMIUM In the Bedford Park pocket, most Avenue Road storefronts have 0-1 spots. 1802 Avenue Road offers six dedicated spaces. This attribute greatly enhances property value and directly increases patient volume and practitioner retention. INVESTMENT PROFILE This turnkey investment structure commands a premium compared to general retail or office shell space.1802 Avenue Road is considered a high-performing medical asset. On closing the seller will enter a triple net head lease on 100% of the building with a minimum 5-year term, providing a 5% yield on Purchase Price.For the investor buyer, the CR3 zoning (2.8x density) may provide a built-in exit strategy. The 165 ft. deep lot provides for a future 3 or 4 storey mixed-use mid-rise, subject to municipal approval.
Address
1802 Avenue Road
List Price
$2,500,000
MLS® Status
Extension
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Bedford Park-Nortown
Region
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
165.21
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.01
Parcel Number
101890077
Total Building Area
2805
Occupant Type
Owner
Cross Street
Deloraine Avenue
MLS® Number
C12435748
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Basement
Yes
Postal Code
M5M 3Z1
Posession Details
TBA
Parking Spaces
6
Tax Amount
$28,025.93
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 45-48 PL 1706 TWP OF YORK AS IN NY527547 S/T & T/W NY527547; S/T NY372425; TORONTO (N YORK) , CITY OF TORONTO
Security Features
No
Sewer
Sanitary+Storm
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