1333 Neilson Road, Toronto | Image 1

1333 Neilson Road

Toronto, Malvern

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Office

  • Property Type: Commercial

  • Business Type: Medical/Dental

  • Zoning: CR 1.2 (c1.2; r0

  • Age: No Data

  • Taxes: 234616.77

  • MLS®#: E8011106

  • Days on Site: 75 Days

  • Added: Jan 19, 2024 (3 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: CBRE LIMITED

Offering A 100% Freehold Interest In The Malvern Medical Arts Building: A 40,631 SF Medical Office Building Located At 1333 Neilson Road In Scarborough. Malvern Medical Arts Is A Professionally Managed And Well-Maintained Building With Excellent Parking And Presents A Unique Opportunity For End Users, Investors, And Developers. Currently 80% Leased With 6.3 Years Of Weighted Average Lease Term (Inclusive Of A 12,478 SF Vendor Headlease). The 12,478 SF Lower Level Unit (Subject To A Vendor Headlease) Was Previously Home To A Medical Clinic And Can Be An Ideal Opportunity For Similar Uses Or The Space Can Be Further Demised As Required To Suit An Owner/Occupier. Across The Street From Malvern Town Centre Which Has Made An Application For A Master Community Including Over 470,000 SF Across 13 Towers With Substantial Parkland Dedication And Commercial Amenities. Located Along A Major Bus Route That Serves Commuters From Centenary Hospital Which Is Part Of The Scarborough Health Network*

Extras

*Situated Only 3.5km South Of The Property. 180 Parking Spaces Inclusive Of An Additional 60 Parking Spaces At Malvern Presbyterian Church.

Property

  • Status: Sale

  • Type: Medical/Dental

  • Property Type: Office

  • Property Type: Office

  • Area: Toronto

  • Community: Malvern

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 180

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL BLK 3-2 SEC M1965 PT BLK 3 66M1965 PTS 1,2 & 4 66R14925 SUBJ

  • Taxes: $234,617

  • Taxes Type: Annual

Land

  • Cross Street: Neilson Rd / Mclevin

  • Municipality District: Toronto E11

  • Parcel Number: 060690005

  • Sewer: San+Storm

  • Lot Depth: 487 Feet

  • Lot Frontage: 150 Feet

  • Zoning: CR 1.2 (c1.2; r0

Commercial Specific

  • Rail: N

  • Sprinklers: Y

  • Total Area: 1.68

  • Total Area Metric: Acres

  • Office Size: 40631

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

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