1270 Woodbine Avenue, Toronto | Image 1

1270 Woodbine Avenue

Toronto, Danforth Village-East York

  • Commercial

$X
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: commercial / mix

  • Age: No Data

  • Taxes: 42029.36

  • MLS®#: E8397450

  • Days on Site: 18 Days

  • Added: Jun 03, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: MICOR REALTY CORP.

Rare opportunity - excellent income generating investment allowing exceptional redevelopment potential. Corner property with 179.4 feet of frontage on Woodbine Ave. Over 22,000 sqft of land currently improved with a free-standing building of 4,810 sqft, entirely leased (triple net) to THE BEER STORE until 2032, with escalations, and three 5 year options. Lease includes provisions for Landlord right to terminate lease at any time, and allowance to build an additional building of upto 3,000 sqft. Outstanding mid-rise redevelopment - Bousfields planning report suggests 12-15 storeys. Kirkor massing study also available. Woodbine TTC stop less than 1km away. ***assumable mortgage of approximately $3,000,000 @ 3.5%, until 2027***

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Toronto

  • Community: Danforth Village-East York

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $42,029

  • Taxes Type: Annual

Land

  • Cross Street: Woodbine Ave and O'C

  • Municipality District: Toronto E03

  • Parcel Number: 104250432

  • Sewer: San+Storm

  • Lot Depth: 125.18 Feet

  • Lot Frontage: 179.4 Feet

  • Lot Irregularities: slightly irregular

  • Zoning: commercial / mix

Commercial Specific

  • Retail Area: 4810

  • Retail Area Metric: Sq Ft

  • Total Area: 22259.75

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Subways

  • Lot Code: Lot

Map of 1270 Woodbine Avenue, Toronto
JK-5

Parkside Elementary School

Elementary: Public
0.62 km
6-8

D A Morrison Middle School

Elementary: Public
0.45 km
JK-8

Canadian Martyrs Catholic School

Elementary: Catholic
0.52 km
JK-8

Earl Beatty Junior and Senior Public School

Elementary: Public
0.93 km
JK-6

Gledhill Junior Public School

Elementary: Public
0.90 km
JK-8

St Brigid Catholic School

Elementary: Catholic
0.73 km
9-12

East York Alternative Secondary School

Secondary: Public
0.70 km
9-12

School of Life Experience

Secondary: Public
1.82 km
9-12

Greenwood Secondary School

Secondary: Public
1.82 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
1.93 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
1.71 km
9-12

East York Collegiate Institute

Secondary: Public
0.88 km
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