56-66-5780 Sheppard Avenue East, Toronto | Image 1

56-66-5780 Sheppard Avenue East

Toronto, Malvern

  • Commercial

$1,500,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: COmmercial

  • Age: No Data

  • Taxes: 23108

  • MLS®#: E10410600

  • Days on Site: 30 Days

  • Added: Nov 06, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX REALTRON REALTY INC.

* Opportunities like this don't come around often! This freestanding commercial condo retail property is a must-see for savvy investors and ambitious owner-operators. With a prime location, exceptional visibility, and incredible flexibility, this property is perfectly positioned to deliver both immediate and long-term value. * Currently tenanted by a popular Indian restaurant, the property already generates income while offering significant upside potential. Two additional vacant retail units on the main floor are ready to lease or occupy, providing endless possibilities for business expansion or rental revenue. The basement level features a massive separate unit with approximately 3,300 square feet, ideal for storage, creative uses, or even additional tenants an untapped goldmine for future growth! * This property's corner location ensures unparalleled street exposure, drawing attention from a steady stream of traffic. The ample on-site parking makes it a magnet for customers, while the surrounding area is rich with amenities, restaurants, and retail that foster high foot traffic. Convenient public transit options and proximity to Highway 401 make it an easily accessible destination for both locals and commuters. * With its combination of strong existing tenancy, vacant units for customization or lease, and a high-demand location, this property is a rare gem in todays market. Whether you're looking to build your portfolio or establish a thriving business, this is the opportunity you've been waiting for. *

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Area: Toronto

  • Community: Malvern

  • Availability Date: Tbd

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes: $23,108

  • Commercial Condo Fees: 7508

  • Taxes Type: Annual

Land

  • Cross Street: Sheppard E/Markham

  • Municipality District: Toronto E11

  • Zoning: COmmercial

Commercial Specific

  • Retail Area: 100

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 6500

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Unit

JK-6

Burrows Hall Junior Public School

Elementary: Public
0.42 km
7-8

Dr Marion Hilliard Senior Public School

Elementary: Public
0.91 km
JK-8

St Barnabas Catholic School

Elementary: Catholic
0.32 km
JK-6

Berner Trail Junior Public School

Elementary: Public
1.08 km
JK-6

Tom Longboat Junior Public School

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1.62 km
JK-6

Malvern Junior Public School

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0.25 km
Pre-Grade 9-12

Alternative Scarborough Education 1

Secondary: Public
3.73 km
9-12

St Mother Teresa Catholic Academy Secondary School

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2.08 km
9-12

Woburn Collegiate Institute

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1.98 km
9-12

Cedarbrae Collegiate Institute

Secondary: Public
4.42 km
Pre-Grade 9-12

Lester B Pearson Collegiate Institute

Secondary: Public
0.99 km
9-12

St John Paul II Catholic Secondary School

Secondary: Catholic
2.71 km
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